SFI repays part of its loan obligations to Sovcombank
PJSC SFI (SFI Investment Holding, MOEX: SFIN) has repaid a part of the principal amount to Sovcombank.
On September 30, the holding company made another payment in favor of the creditor in the amount of 1.5 billion rubles as part of its debt burden reduction program. Debt to Sovcombank decreased to 12.2 billion rubles.
To service its loan obligations, SFI uses funds that the holding company receives from its investment activities, including dividends, securities gain, and funds from asset sales.