Russia's SUEK to raise additional $200 mln

June 17, 2016 5:42 PM

17 0

ST PETERSBURG, Russia, June 17 Russia's largest thermal coal producer SUEK plans to raise $200 million this month through additional tranches to a $1 billion syndicated loan signed in February, its chief executive told Reuters on Friday.

SUEK raised the initial $1 billion in two tranches with terms of five and seven years, with an option to increase borrowing to $1.3 billion.

Also read: Intel Corporation Beats Earnings Estimates But Falls On Weak Guide

Read more

To category page