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16 DECEMBER 2004  

OJSC Polimetall will get $105 mln of credit

OJSC Polimetall has signed an agreement on syndicated credit obtaining at the rate of $105 mln for five years from a group of international finance organisations. This information was provided by the company’s press service. The credit was organised by Standard Bank London Ltd. (Great Britain) and HypoVereinsbank (Germany). The syndicate includes a swell Societe Generale (France), Moscow Narodny Bank Ltd. (Great Britain), Caterpillar Financial SARL (Switzerland).

Polimetall Company intends to spend the means obtained for the further development of its deposits Dukat and Lunnoe.



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