The Conversation (0)
Uralkali Record Merger Means Higher Debt Costs
Dec. 23, 2010 02:38PM PST
Potash InvestingBloomberg.com reports that OAO Uralkali is dealing with higher borrowing costs.
Bloomberg.com reports that OAO Uralkali is dealing with higher borrowing costs.
The story is quoted as saying:
Uralkali said yesterday it plans to offer three-year ruble- denominated debt to pay for its acquisition of OAO Silvinit and may sell Eurobonds after the takeover is completed. The yield may be about 100 basis points higher than bonds of EuroChem, according to Dmitry Dudkin, a fixed-income analyst at UralSib Financial Corp. in Mosco