UPDATE 1-Russia's Uralkali signs $530 mln loan deal with global banks

April 20, 2015 5:24 PM

53 0

MOSCOW, April 20 (Reuters) - Russian potash producer Uralkali has signed a $530 million loan agreement with eight international banks in a rare deal for the sanctions-hit Russian corporate debt market.

Western sanctions over Russia's role in the Ukraine crisis have limited access to foreign finance for several state banks and companies since 2014, though non-government Uralkali, the world's biggest producer of crop nutrient potash, has not been targeted by the sanctions.

Also read: Israeli court sentences tycoon to 2 years in prison

Read more

To category page

Loading...