Polymetal refinances debts with the new credit
Edited by Anonymous / 2013-12-05 02:05:17
Polymetal and Sberbank of Russia have closed the 5-year credit agreement for a total sum of $400 million. The funds raised under the agreement will be allocated to refinancing of the active debt and financing of the current operation. They should be returned by one-time payment within 5 years. The new credit will considerably improve the debt portfolio of the company. Its average repayment date will be over 3 years after refinancing.
Translated by Nadezhda Poltoratskaya
