Source Pravda.Ru

Norilsk Nickel receives $75m credit

Open Joint Stock Company Mining and Metallurgical Company Norilsk Nickel and a number of foreign banks have signed an agreement in Moscow today, according to which the Russian company is to receive a $75m credit for a one year period with possible prolongation for another year.

These funds are to be allocated for the financing of production and exports of non-ferrous metals, the press service of Norilsk Nickel reported. The credit's interest rate is LIBOR+3.5 percent.

Among participants of the deal are Deutsche Bank AG, as the sole authorized organizer, the Paris based Societe General SA bank, as the senior organizer, and Deutsche Bank Moscow, as the passport bank that services contracts on non-ferrous metal exports.

©

&to=http://www.nornik.ru/index.jsp?lang=E' target=_blank>Norilsk Nickel

Comments
Russia will not let NATO warships into Sea of Azov
Is Putin guilty of the Kerch school massacre?
Putin: Russians will go to heaven in case of nuclear war
Is Putin guilty of the Kerch school massacre?
Saudi Arabia knows how to dismember journalists and get away with it
US official lashes Europe for working on Nord Stream 2
Is Putin guilty of the Kerch school massacre?
Is Putin guilty of the Kerch school massacre?
Russia joins forces with Egypt to establish law and order in the Middle East
Is Putin guilty of the Kerch school massacre?
Russia will not let NATO warships into Sea of Azov
Is Putin guilty of the Kerch school massacre?
Russia joins forces with Egypt to establish law and order in the Middle East
Russia builds her first-ever turbojet engine for civil aviation
Russia builds her first-ever turbojet engine for civil aviation
Russia delivers technologically advanced S-300 systems to Syria
Russia delivers technologically advanced S-300 systems to Syria
Kerch college shooter grew up in dysfunctional family
Kerch college shooter grew up in dysfunctional family
Russia delivers technologically advanced S-300 systems to Syria
Russia and Germany develop anti-Polish collusion