Koltsovo Airport’s shareholders approved of the recent mortgage deal the airport signed with Vneshekonombank (Foreign Trade Bank) State Corporation.

Among the mortgaged objects are the international air terminal’s third extension E, with its area of 43,287.3 square meters, the roofed railway platform 1A, covering the area of 1,898.4 square meters, the air terminal building A, covering the area of 2,211.4 square meters, and the 48,497-square-meter square in front of the airport building.

The deal also provides for the right to rent a 415,516-square-meter land allotment in the airport’s APO area; the allotment could be used to put up the airport operation services buildings.

The mortgaged property has been estimated at over 1.76 billion RUR.

In return for this collateral, the bank promises to provide Koltsovo Airport of Yekaterinburg with 2.25 billion RUR to finance the construction of the international passenger terminal and of the railway platform as well as to pay off its short-term debts.