Nickel

Norilsk Nickel (MCX:GMKN) has announced that upon completing all preceding loan granting conditions, GRK Bystrinskoye LLC received the first tranche as part of the credit line for the implementation project of Bystrinsky GOK construction project. Sergey Malyshev, senior vice president, said: The Company, as we stated before, has now fully secured the Bystrinsky GOK Project with external credit …

Norilsk Nickel (MCX:GMKN) has announced that upon completing all preceding loan granting conditions, GRK Bystrinskoye LLC received the first tranche as part of the credit line for the implementation project of Bystrinsky GOK construction project.
Sergey Malyshev, senior vice president, said:

The Company, as we stated before, has now fully secured the Bystrinsky GOK Project with external credit resources in order to launch the project on time and on budget, which significantly increases the return on capital for investors and shareholders, and does not affect the parent Company’s creditworthiness for creditors and debt instruments investors.

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