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Azercosmos to borrow 100 million euro from Japanese banks

Azercosmos to borrow 100 million euro from Japanese banks
12.11.2015 20:00
Azerbaijan’s state satellite operator Azercosmos has signed an agreement to borrow 100 million euros from Japan’s Sumitomo Mitsui Banking Corporation and Mizuho Bank, the company said.

The 11-year loan guaranteed by France’s export and import agency COFACE will be used for the financing of Azersky satellite.


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