March 23, 2017 / 7:23 AM / 5 months ago

BRIEF-Russia's Nordgold says raises $325 mln loan from Sberbank CIB

March 23 (Reuters) - Russia-focused gold miner Nord Gold (Nordgold):

* Says has entered into a $325 million seven-year debt facility with Sberbank CIB;

* Says intends to use the proceeds to refinance its existing debt facility with Sberbank (approximately $333 million);

* Says its total debt was at $861.6 million and net debt at $505.4 million at the end of 2016. (Reporting by Moscow Newsroom)

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