Ozon received 10 billion rubles from shareholders. This is Baring Vostok's first deal since Calvey's arrest.
Ozon received new money from its largest shareholders, AFK Sistema and Baring Vostok, a convertible loan of 10 billion rubles, according to a press release from Baring Vostok. This is Baring's first big deal since the arrest of founder Michael Calvey and his executives. Details. AFK Sistema issued Ozon 5.7 billion rubles, Baring Vostok - 4.3 billion rubles, Alexei Katkov, managing partner of Sistema, told Vedomosti. The loan to the retailer was issued until the end of 2019.