of October 13, 2008 No. 173-FZ
About additional measures for support of financial system of the Russian Federation
Accepted by the State Duma on October 10, 2008
Approved by the Federation Council on October 13, 2008
1. The state corporation of development "ВЭБ.РФ" (further - ВЭБ.РФ) from the date of entry into force of this Federal Law and till December 31, 2009 has inclusive the right to provide to the organizations meeting the requirements established according to this Article, the credits (loans) in foreign currency with possibility of prolongation of term of their use for repayment and (or) servicing of the credits (loans) obtained by these organizations till September 25, 2008 from the foreign organizations to acquire the rights to claim at foreign creditors against these organizations for the obligations which arose till September 25, 2008 and to perform for present purposes other transactions according to solutions of the supervisory board of ВЭБ.РФ. Total amount of the specified credits (loans), and also the rights of requirements acquired by ВЭБ.РФ shall not exceed the amount equivalent to 50 billion US dollars.
2. The minimum interest rate on the loans granted according to this Article shall exceed the rate LIBOR in US dollars for a period of one year established for date of loan granting, and in case of prolongation of term of use of the credit - established for date of agreement signature about prolongation of term of use of such credit, on 5 at least percent points.
3. Requirements to loanees (loans), procedure and conditions of provision of the corresponding credits (loans), and also requirements to the organizations which the rights to claim according to obligations are acquired, established by the supervisory board of ВЭБ.РФ.
4. As one of conditions of loan granting (loan) the obligation of the loanee (loan) until repayment of the corresponding credit (loan) can be established to approve with ВЭБ.РФ receipt of the credits (loans) from the third parties and essential conditions of agreements on receipt of such credits (loans).
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.