Norilsk Nickel is about to take loans from VTB and Nordea bank

The Board of Directors of “Norilsk Nickel” will make their decision on December 12, 2014 on the attraction of loans from VTB and Nordea bank. It is said in the materials of the company. Norilsk Nickel can attract 40 billion roubles from VTB and $370 million from Nordea bank.

On December 5th, Sberbank Russia opened a 5-years nonrevolving credit line of 40 billion roubles for “Norilsk Nickel”. The agreement has been concluded within the framework of the refinancing, extension and optimization of its debt portfolio and diversification of a foreign currency component.

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