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Sberbank to Get 35% of Belaruskali as Collateral for Loan
Aug. 05, 2011 02:49PM PST
Potash InvestingBloomberg reports that OAO Sberbank will receive 35 percent of Belaruskali, the Belarusian potash producer, as collateral for a $2 billion loan.
Bloomberg reports that OAO Sberbank will receive 35 percent of Belaruskali, the Belarusian potash producer, as collateral for a $2 billion loan.
The market news is quoted as saying:
Belaruskali owns an export trader with Russian potash producer OAO Uralkali, controlled by billionaire Suleiman Kerimov and his partners.