GMK Noril'skiy nikel' OAO USD2.1 BILLION 5 YEAR SYNDICATED LOAN
GMK Noril'skiy nikel' OAO MMC Norilsk Nickel announced that the signing of a 5 year unsecured syndicated loan with a principal amount of USD2.1 billion. The facility consists of a US$ 1.575 billion amortizing term loan and a US$ 525 million revolving facility. The term loan bears interest at a rate of 1 month LIBOR plus 1.75% p.a. while the revolver is priced at a rate of 1 month LIBOR plus 1.35% p.a plus utilisation fee capped at 0.4%.
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