June 22, 2017 / 6:19 AM / a month ago

BRIEF-EBRD provides Russia's Polymetal with $140 mln loan for Kazakh project

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June 22 (Reuters) - Russia's Polymetal says:

* Has signed a $140 million loan agreement with the European Bank for Reconstruction and Development (EBRD);

* The loan will finance remaining capital expenditures for the Kyzyl project in Kazakhstan, which is scheduled to launch in the third quarter of 2018;

* The facility has an effective tenor of five years with a final maturity date in December 2022. Source text for Eikon: Further company coverage: (Reporting by Moscow Newsroom; Editing by Susan Fenton)

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