December 5, 2017 / 9:29 AM / 10 days ago

BRIEF-Russia's Alrosa raises $600 mln in two loans for refinancing

Dec 5 (Reuters) - Russia’s diamond producer Alrosa says:

* Alrosa has raised $600 million in two loans from Raiffeisenbank and Rosbank to refinance a part of a $720-million loan due in 2019;

* The remaining $120 million of the $720-million loan was repaid ahead of schedule from the company’s free cash flow;

* Alrosa’s total debt has been reduced to $1.8 billion. Further company coverage: (Reporting by Moscow Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below