Nordgold has concluded an agreement with UniCredit Bank on the $75-million loan.
“The company is successfully implementing its long-term strategic and operational goals, and the loan agreement with the UniCredit Group bank demonstrates our financial stability and opulence. We are glad of the cooperation with the bank and look forward to mutually beneficial work”, Nordgold CEO Nikolai Zelensky noted.
As of March 31 the total debt of Nordgold is $927.9 million, with net debt at $677.7 million. (Ukrainian metal)