Norilsk Nickel's net debt is $5 billion
Edited by Rhod Mackenzie / 2014-01-21 04:56:57
Norilsk Nickel expects that on the results of 2013 its net debt will be $5 billion, and the ratio of net debt/EBTDA will be a little more than 1, the Deputy General Director and Chief of the Economy and Finance Block, Sergei Malyshev reported.
“According to the preliminary results of the year, Norilsk Nickel’s net debt will be about $5 billion. The total debt will be about $6.3 billion; at the same time we must pay roughly $1.1 billion in 2014,” – Sergei Malyshev said. As of end of 2012, the company’s net debt was $4 billion, and short-term liabilities - $2.5 billion.
