Hungary's Nuclear Plant to Borrow 38 Billion Forint, MTI Says

["Sandy Perle" <sandyfl@earthlink.net>]

Hungary's Nuclear Plant to Borrow 38 Billion Forint, MTI Says
  
Budapest, June 21 (Bloomberg) -- Paksi Atomeromu Rt., Hungary's 
nuclear power plant, said it will borrow 38 billion forint ($139 
million) from a group of banks in coming days, Hungarian state news 
agency MTI reported, citing Karoly Antali, the company's financial 
manager. The energy company will start repaying the six-year 
syndicated loan only after three years. The company will use the 
money to improve safety at the plant in central Hungary, MTI said. 

Hungary has cut interest rates five times this year, trimming 
borrowing costs to their lowest ever; the central bank last lowered 
its benchmark two-week deposit rate on April 25, by a quarter-point 
to 11 percent. 

(MTI 6/21 www.mti.hu) 

------------------------------------------------------------------------
Sandy Perle					Tel:(714) 545-0100 / (800) 548-5100   				    	
Director, Technical				Extension 2306 				     	
ICN Worldwide Dosimetry Division		Fax:(714) 668-3149 	                   		    
ICN Biomedicals, Inc.				E-Mail: sandyfl@earthlink.net 				                           
ICN Plaza, 3300 Hyland Avenue  		E-Mail: sperle@icnpharm.com          	          
Costa Mesa, CA 92626                                      

Personal Website:  http://www.geocities.com/capecanaveral/1205
ICN Worldwide Dosimetry Website: http://www.dosimetry.com

************************************************************************
The RADSAFE Frequently Asked Questions list, archives and subscription
information can be accessed at http://www.ehs.uiuc.edu/~rad/radsafe.html