Russia: Nornickel signs credit facility agreement with Commerzbank AG
Norilsk Nickel announces the signing of a 13-year EUR 37,8 million credit facility agreement with Commerzbank AG under Euler Hermes cover. The proceeds will be used to finance 85% of the contract value for the construction of an electric power substation in Norilsk area. Thyssen Schachtbau GmbH acts as the general contractor of the project.…