Bilaterals glitter for Russian miner Polymetal
Polymetal, a Russian gold and silver miner, has signed a $200m five year loan with UniCredit and its Russian subsidiary ZAO UniCredit, according to the company.
The facility has a margin of 350bp and will amortise following a two year grace period. The loan will refinance debt.Polymetal has not tapped the syndicated loan market before, preferring to concentrate on bilateral credit lines from its relationship banks. The new $200m loan differs slightly from previous ...
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