Polyus has attracted an ING Bank loan of $70 million at the fixed rate.
The loan has to be paid in full in one installment in 2023.
The company intends to spend this money to cover its current activities
Polyus is one of the top-10 gold-extracting companies in the world. It has the second largest gold reserves in the world and the third largest gold resources.
The company key assets are situated in Krasnoyarsk, Irkutsk and Magadan regions, as well as the Republic of Sakha (Yakutia). (Ukrainian metal)
