Based on the draft project submitted to the Government, these funds would be borrowed from the state by the Ministry of Finance and transferred to SoDra. Meanwhile SoDra would have to return the money by 2023. It would be an interest-free loan.
The funds would be used to refinance loans received from the Ministry of Finance earlier which are overdue.
Overall SoDra's indebtedness is LTL 11.6 billion (EUR 3.4 billion). LTL 10.3 billion (EUR 2.9 billion) of the amount are liabilities to the state. SoDra borrowed the rest LTL 1.3 billion (EUR 376 million) from commercial banks.
