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Update: Three banks join Norilsk Nickel jumbo PXF

06 January 2012

Additional banks have joined Norilsk Nickel’s jumbo pre-export financing loan, used to help fund the Russian miner’s equity buy-back.

Read more: Norilsk Nickel PXF metals

Barclays, Bank of Taiwan and JP Morgan have joined a $1.5 billion pre-export financing on behalf of Russian miner Norilsk Nickel.

The five-year deal was signed and fully funded at the end of October 2011. Citi and...


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