Nordea Bank has opened a loan facility to Polymetal

11.10.2012

Nordea Bank has opened a loan facility to Polymetal

OJSC Nordea Bank and JSC Polymetal has entered into a three-year USD 100 mn loan facility agreement.

The purpose of the loan facility is refinancing of the loans advanced to JSC Polymetal by other banks as well as financing of its general corporate needs.

«Our hope is that this loan agreement is the first step on the road to establishing long-term business ties between our companies», said Mikhail Polyakov, Deputy Chairman of the Management Board of OJSC Nordea Bank.


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