OREANDA-NEWS. November 07, 2011. Nordea Bank signed a USD 55 million revolving credit line agreement with OJSC Cherepovets Azot, part of PhosAgro Group, reported the press-centre of Nordea Bank.

Maturity – 5 years, grace period – 1 year, intended purpose – general corporate needs.

Nordea Bank has been cooperating with the Group since 2010. "This agreement is an important milestone in the cooperation and opens up new perspectives for our strategic partnership", said Mikhail Polyakov, Deputy Chairman of OJSC Nordea Bank’s Management Board.