Norilsk Nickel attracts a syndicated loan of $2.1 billion
Edited by Rhod Mackenzie / 2013-06-14 04:02:08
Today Norilsk Nickel reported the conclusion of a deal on the attraction of a sysndicated loan in the amount of $2.1 billion for 5 years. The credit was granted in the shape of a amortizable tranche in the amount of $1.575 billion and revolving line of credit for $525 million; the rate on credit will make up monthly LIBOR plus 1.75% per annum and 1.35% per annum respectively, and the loan utilization fee won’t exceed 0.4%.