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Russia's Uralkali signs $250 million credit line with Promsvyazbank
August 4, 2014 / 9:10 AM / 3 years ago

Russia's Uralkali signs $250 million credit line with Promsvyazbank

MOSCOW, Aug 4 (Reuters) - Russia’s Uralkali, the world’s largest potash producer, has signed an agreement with Promsvyazbank to open a $250 million credit line with a 10-year payback period, the company said on Monday.

The proceeds will be used to refinance Uralkali’s current liabilities and to finance existing investments, it added. (Reporting by Andrey Kuzmin; Writing by Polina Devitt, editing by Elizabeth Piper)

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