OREANDA-NEWS.  October 05, 2012. OJSC Nordea Bank has signed a new loan agreement with OJSC PhosAgro-Cherepovets, part of the PhosAgro Group, reported the press-centre of Nordea Bank.

The loan is provided in the form of non-revolving credit line for 3.5 years with no collateral – against a guarantee from the holding company OJSC PhosAgro.

The Company is planning to allocate the loan to the financing of its operational activity.