Major Russian fresh produce importer JFC has announced in a statement that it has signed a new loan agreement with Sweden-based Nordea Bank.
The agreement, which was signed on 31 May this year, provides a new credit line totalling US$15m (€12m), which is available for two years without collateral.
JFC said that the funds obtained from Nordea Bank would be used to 'finance corporate purposes'.
In December last year, JFC revealed that it had agreed a three-year loan of US$135m (€92.5m) with the Royal Bank of Scotland, a deal authorised by UniCredit and Alfa-Bank.
