Safmar Financial Investments structure - Weridge Investments Limited - attracted a ₽4,6 billion loan from VTB for the purchase of 10% of "M.Video", which took place on December 3. The repayment term of the loan is six months. The interest rate is 10% per annum. To secure liabilities on the loan, Safmar Financial Investments pledged its NPF Safmar worth ₽15.4 billion, leasing company Europlan - ₽15.3 billion, as well as Weridge Investments itself, to the bank for 3.5 years. This debt, as well as the balance of VTB's loan to finance the share buyback of ₽16.2 billion, is to be converted into commercial bonds to be issued in favor of the bank.
Safmar Financial Investments structure - Weridge Investments Limited - attracted a ₽4,6 billion loan from VTB for the purchase of 10% of "M.Video", which took place on December 3. The repayment term of the loan is six months. The interest rate is 10% per annum. To secure liabilities on the loan, Safmar Financial Investments pledged its NPF Safmar worth ₽15.4 billion, leasing company Europlan - ₽15.3 billion, as well as Weridge Investments itself, to the bank for 3.5 years. This debt, as well as the balance of VTB's loan to finance the share buyback of ₽16.2 billion, is to be converted into commercial bonds to be issued in favor of the bank. 
interfax.ru
English (US) 