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RUSAL to raise $2 bln to refinance Norilsk loans (Part 2) (Interfax)

Story date: 2008-05-26 08:00:42
Added on: 2008-05-26 21:20:39


MOSCOW. May 26 (Interfax) - Aluminum giant United Company RUSAL (UC RUSAL) is planning to raise around $2 billion by the end of this year by issuing Eurobonds or taking out a syndicated loan in order to refinance a $4.5 billion loan to buy a blocking stake in MMC Norilsk Nickel (RTS: GMKN) from the latter's co-owner, Mikhail Prokhorov, in April, a UC RUSAL representative told Interfax.


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