MMC Norilsk Nickel : MMC NORILSK NICKEL SUCCESSFULLY CLOSED USD2.1 BILLION 5 YEAR SYNDICATED LOAN Moscow, June 13, 2013 - MMC Norilsk Nickel (hereinafter, MMC Norilsk Nickel or the Company), the largest global nickel and palladium producer, announces today the signing of a 5 year unsecured syndicated loan with a principal amount of US$ 2.1 billion. The facility consists of a US$ 1.575 billion amortizing term loan and a US$ 525 million revolving facility. The term loan bears interest at a rate of 1 month LIBOR plus 1.75% p.a. while the revolver is priced at a rate of 1 month LIBOR plus 1.35% p.a plus utilisation fee capped at 0.4%. The financing will be provided by a 16-strong lender group, comprising Bank of America, N.A., Barclays Bank PLC, BNP Paribas, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Deutsche Bank, HSBC Bank plc, ING Bank N.V., Morgan Stanley, Mizuho Corporate Bank, Ltd., OJSC Nordea Bank, Joint Stock Commercial Bank "ROSBANK" (Open joint-stock company), Sumitomo Mitsui Finance Dublin Limited, Société Générale Corporate & Investment Banking and The Bank of Tokyo-Mitsubishi UFJ, Ltd. and ZAO UniCredit Bank. Société Générale Corporate & Investment Banking is acting as Documentation Agent. UniCredit Bank AG, London Branch is acting as Facility Agent. The Bank of Tokyo-Mitsubishi UFJ, Ltd. and ING Bank N.V. are acting as Information Agents. Barclays Bank PLC is acting as Structured Rate Agent. Barclays Bank PLC, Société Générale, and UniCredit Bank AG are acting as Market Hedge Providers. Linklaters CIS acted as Lenders' legal advisors. The borrower was represented by Debevoise & Plimpton LLP. The Company might consider a general syndication in the near term. The proceeds from the loan will be used for general corporate purposes, serving amongst other for refinancing of short term debt maturities. Sergey Malyshev, MMC Norilsk Nickel's Chief Financial Officer said: "We are pleased with the particularly attractive terms of the transaction which confirms our positioning as a reliable borrower with strong credit metrics perceived by the international banking community as a global player in the metals & mining industry. The facility extends the Company's debt maturity profile following recent successful placement of a USD750 million eurobond. The facility further strengthens the Company's financing strategy aimed at increasing diversification of the investor base, while forming the basis for continuing close cooperation with its relationship banks". For further information, please, contact: Media Relations: Investor Relations: Phone: +7 (495) 797 82 94 Phone: +7 (495) 786 83 20 Email: firstname.lastname@example.org Email: email@example.com ABOUT MMC NORILSK NICKEL: MMC Norilsk Nickel, a company incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium. The key production units of the Company's group in Russia are at the Polar and Kola Peninsulas. MMC Norilsk Nickel international assets include operations in Finland, Australia, Botswana and South Africa. MMC Norilsk Nickel's shares are traded on the Moscow Exchange. ADR's on the Company's shares are traded on the other the counter market in the US and on the London and Berlin stock exchanges. ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: MMC Norilsk Nickel via Thomson Reuters ONE HUG#1709484
MMC Norilsk Nickel : MMC NORILSK NICKEL SUCCESSFULLY CLOSED USD2.1 BILLION 5 YEAR SYNDICATED LOAN
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