"Norilsk Nickel" concluded an agreement with ING Commercial Banking in Russia to provide a 5-year unsecured loan for $ 200 million

GC "Norilsk Nickel" ( "Norilsk Nickel" or the "Company" ) announces the signing of a bilateral agreement on the provision of a 5-year unsecured loan with bullet repayment at the end of the term with "ING BANK ( EURASIA) ZAO" for $ 200 million.

These funds will be used for general corporate purposes and liquidity replenishment . «The Company's strategy involves certain restrictions on the structure of our debt portfolio," Norilsk Nickel» attracts money at the lowest rates available on the market , and does not increase the net debt . Despite the volatility inherent in the recent capital markets, high credit metrics and reliability of the company allows us to continue to work actively to optimize the structure of our borrowings and reduce the cost of debt, “- said Sergey Malyshev , the Deputy General Director - Head of Economy and Finance.