Norilsk Nickel advances to unsecured borrowing, moves away from PXF facilities

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Norilsk Nickel advances to unsecured borrowing, moves away from PXF facilities

Russian metals and mining firm Norilsk Nickel has asked lenders for its new $2bn five year facility to be unsecured, as the firm tries to move away from pre-export finance (PXF) facilities.

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