Gazprom and UniCredit Bank Austria sign agreement worth EUR 300 million
RELEASE
Release
Gazprom and UniCredit Bank Austria signed a EUR 300 million credit agreement for a four-year term. The document was inked today within the St. Petersburg International Economic Forum 2015.
On the part of Gazprom the document was signed by Andrey Kruglov, Deputy Chairman of the Company’s Management Committee, Department Head and by Mikhail Alekseev, Chairman of the UniCredit Bank Management Board – on the part of UniCredit Bank Austria.
Background
UniCredit Bank Austria, part of the UniCredit Financial Group is a leading European commercial bank. As of December 31, 2014, the Group’s assets portfolio totaled EUR 844 billion. The Bank network embraces about 50 countries across the world and consists of some 8.5 thousand banking centers employing over 147 thousand people.
The current long-term credit ratings of the UniCredit Bank Group are as follows: Moody’s – Baa2; S&P – BBB; Fitch – BBB+.