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RUSAL obtains syndicated loan of $200m

Thursday, Dec 14, 2006
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RUSAL has completed the raising of a syndicated loan worth $200m, the company's press office reported today. According to the statement, Natixis and ING Wholesale Banking acted as official organizers of the loan.

The funds raised will be used to finance a bridge loan, which was organized by the Natixis Bank in May 2005 to pay off half the sum due for the purchase of a 20-percent stake in the Australian Queensland Alumina Limited (QAL).

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