Norilsk Nickel signed $500 million RCF

Norilsk Nickel (further the company) has announced the signing of a 5-year $500 million committed revolving back-stop credit facility (RCF) with a syndicate of international banks.

Commerzbank, HSBC Bank, Mizuho Bank, Sumitomo Mitsui Banking Corporation and UniCredit Bank are acting as Mandated Lead Arrangers and Bookrunners. UniCredit Bank (London Branch) was appointed as Facility Agent.

This new RCF is another step towards diversification of available committed credit lines among Russian, Western and Asian lenders.