Zorlu Energy Authorizes Standard Bank Plc For Syndication

ISTANBUL - Zorlu Energy Corp. authorized Standard Bank PLC for 500 million USD of syndication to finance its two projects in Russia.
Zorlu Energy stated on Thursday that it authorized Standard Bank PLC to have syndication loan with a five-year maturity. Zorlu will use the loan to finance its Tereshkovo and Kojuhovo projects in Russia.
(GC-ULG)