RZD to borrow RUB 40 billion in 2012 if investment needs grow
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Monday, 20 Jun 2011
Interfax reported that Russian Railways Russian Railways is prepared to increase borrowing in 2012 in the event freight tariffs rise 7.4% not by RUB 40 billion but by RUB 60 billion.
An RZD source said the company was prepared to borrow the additional funds if its investment program grows by around RUB 20 billion.
(Sourced from Interfax)
