Akron is planning to bring the Turkish Ost Olgun for joint development of apatite-nepheline deposits Deer Brook

Akron is planning to bring the Turkish Ost Olgun for joint development of apatite-nepheline deposits Deer creek. Company signed a protocol on cooperation, which would increase the supply of fertilizers Akron in the Turkish market and the possibility of Turkish blokpaketa partner in the project. The design capacity of the deposit of 2 million tons /year of apatite concentrate and 1.8 million tons /year of nepheline concentrate. We anticipate that over the period from 2009 to 2014. Project requires an investment of 306 million search partners for the realization of their ore project is very logical step from the Akron, as this will help alleviate the debt burden of the company , - said Denis Arkhipov from FINAM.

The main owner of URSA Bank Igor Kim announced that the combined MDM Bank expects to receive net income on the basis of 2009. We appreciate the news as positive for holders of preferred shares of URSA Bank. Profit joint bank allows you to rely on dividends as a result of this year. Given that the payment of dividends on preferred shares of the third type should be sent only about $ 23 million, we estimate the probability of payment dividends for them as high, especially in the case of profit , - predicts analyst investment company FINAM Konstantin Romanov.

PIC agreed with Sberbank on the extension of loans for 5 years, while a favorable environment for the developer grace period for the first 2.5 years. In addition, the Bank will support the developers to refinance debts to other creditors, in particular, Absolut Bank and VTB. The total amount of refinancing could be as high as 28 billion rubles (about two-thirds of total debt peak at the end of 2008). We also do not exclude that in the event of a positive outcome of the negotiations on the terms of the refinancing, the CC PIC may have new owners in the face of large banks creditor - note the analysts' FINAM.

Magnit announced the possible launch option programs for managers of the company. For this purpose, the potential redemption of shares from the market the company plans to spend approximately $ 10 million In spite of the fairly low levels of stock option programs (based on current quotations, managers will be able to get a magnet around 0.3% of the company's shares), compared with the major public competitors — X5 in the figure above (approximately 3%), we believe that these measures may improve the efficiency of management, as well as to support the retailer stocks in the short term, - said analyst IK FINAM Sergey Philchenkov.

The European Bank for Reconstruction and Development (EBRD) signed a contract with JSC Yenisei Territorial Generating Company (TGK-13) a credit agreement for genkompanii 10-year loan for $ 75 million to build a new power block thermal power station-3 in Krasnoyarsk. Providing the EBRD loan will help complete the project and TGK-13 to avoid penalties from the regulator. As the interest rate on the loan shall not be disclosed, we expect that this news will have a moderately positive effect on stock quotes, TGC-13, - said Konstantin from Raleigh FINAM.

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