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Russia's Norilsk to raise $2 bln loan - Ifax

Thu Feb 7, 2008 9:36pm IST
 
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MOSCOW, Feb 7 (Reuters) - Russian miner Norilsk Nickel (GMKN.MM: Quote, Profile, Research) plans to raise $2 billion to refinance part of a loan it had raised to finance its takeover of Canada's LionOre Mining LIM.TO, a news agency reported on Thursday.

"The loan is being raised to refinance a short-term debt relating to LionOre. The term of the loan will most likely be three years," Interfax quoted a banking source as saying. (Writing by Maria Kiselyova)

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