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Russian Railways planning to raise 140 bln rubles in foreign borrowings in 2008

Business Materials 2 October 2007 01:32 (UTC +04:00)

( Interfax ) - Russian Railways (RZD) is planning to raise 140 billion rubles in foreign borrowings in 2008, RZD President Vladimir Yakunin said at a press conference in Moscow on Monday.

"Foreign borrowings are advantageous for us from the point of view of long-term cash and low interest rates," he said.

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