OREANDA-NEWS. Sberbank CIB took part in organizing financing amounting to USD 400 million to be repaid in 5 years for Polymetal International plc, the holding company of the Polymetal Group.

The funds to be drawn down under the Agreement will be used to repay the Group's existing loans and finance ongoing operations. This new borrowing facility will improve the Group's debt maturity profile, which is very important amid low precious metals prices.