29 Dec 2011 15:45
Magnitogorsk steel co to raise 916 mln rubles from Nordea Bank
CHELYABINSK. Dec 29 (Interfax) - The board of Magnitogorsk Iron & Steel Works (MMK) voted Monday to approve a general agreement with Nordea Bank for loans with a limit of 916 million rubles, MMK reported.
In addition, the board approved a deal with Nordea Bank for a line of credit with a limit of $80 million.