OREANDA-NEWS. October 10, 2011. OJSC MMC Norilsk Nickel (“MMC Norilsk Nickel” or the “Company”) is pleased to announce the launch of a new up to USD 1.5 billion syndicated 5-year Pre-Export Finance Facility (the “Facility”). The Facility will be used to finance general corporate purposes, reported the press-centre of Norilsk Nickel.

The senior stage of syndication of the Facility is coordinated by Citi and Societe Generale (the “Initial Coordinating Mandated Lead Arrangers” and “Bookrunners“). MMC Norilsk Nickel has previously completed highly successful Pre-Export Finance transactions on several separate occasions.

ABOUT MMC NORILSK NICKEL:
MMC Norilsk Nickel is a diversified mining and metal producing company, the world's largest producer of nickel and palladium and one of the global leaders in the production of platinum, cobalt, copper and rhodium. By-product metals of MMC Norilsk Nickel include gold, silver, iridium, osmium, selenium, ruthenium and tellurium.

Production facilities of Norilsk Nickel Group are located in Russia (Norilsk Industrial Area and Kola Peninsula), Finland, Australia, Botswana and South Africa.

The Company is rated Baa2 by Moody's Investors Service, BBB- by Standard & Poor's and BB+ by Fitch Ratings.