SIGNED LOAN AGREEMENT WITH POLYMETAL
Eurasian Development Bank (EDB) and Polymetal `` today signed a credit agreement providing for the opening of a non-revolving credit facility of $ 100 million to finance the development of infrastructure and mining projects of the company. Document was signed by Deputy Chairman Gennady EDB Zhuzhlev and CEO of Polymetal `` Vitaly Nesis.
`The project is fully consistent with the mission of EDB, and has large economic effects and integration - says Gennady Zhuzhlev event. - Polymetal `` - one of the leading companies in the production of gold and silver, which operates in the states - members of the Bank in Russia and Kazakhstan. Today the share of mining and industrial sectors in the investment portfolio of the Bank gained 5.1%. The investment portfolio of the Bank of the project will be the largest of the five projects in the industry #39;- emphasizes Gennady Zhuzhlev.
Polymetal `` - the leading Russian mining and production of gold, one of the world#39;s largest silver producers. Produces precious metals and conducts exploration in the four regions of Russia (Magadan and Sverdlovsk region., Khabarovsk, Chukotka) and Kazakhstan.
