Bloomberg News

Belaruskali to Pay Back $1 Billion of Debt Early, Interfax Says

August 01, 2012

Belaruskali, a potash producer, plans to pay back a $1 billion loan to OAO Sberbank and Eurasian Development Bank early, Interfax said, citing company managers it didn’t identify.

The one-year loan was taken out at the end of 2011 and Belaruskali plans to repay it by September, Interfax said.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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