RUSAL has completed the raising of a syndicated loan worth $200m, the company's press office reported today. According to the statement, Natixis and ING Wholesale Banking acted as official organizers of the loan.
The funds raised will be used to finance a bridge loan, which was organized by the Natixis Bank in May 2005 to pay off half the sum due for the purchase of a 20-percent stake in the Australian Queensland Alumina Limited (QAL).