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Uralkaliy OAO Could Borrow RUB 32 Billion from VTB, USD 400 Million from Sberbank-Interfax


Tuesday, 10 Sep 2013 05:28am EDT 

Interfax reported that Uralkaliy OAO (Uralkali) could raise a five-year unsecured loan facility of up to RUB 32 billion with a simultaneous cross-currency interest rate swap from VTB Capital, the Russian potash miner said in a statement. The Uralkali board has also approved a credit facility of up to USD 400 million from Sberbank. Uralkali's shareholders will be asked to vote on the loans on October 22. 

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