Russia's Uralkali gets $2 bln credit line from Sberbank

Fri Dec 20, 2013 9:17am EST
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MOSCOW Dec 20 (Reuters) - Russia's Uralkali, the world's largest potash producer, has secured a $2-billion credit line from Russia's largest lender Sberbank, Uralkali said on Friday.

The non-revolving and unsecured credit line will be used as a reserve facility for refinancing loans, Uralkali said in a statement. The line will be open from Feb. 1 to Dec. 31, 2014 and will mature on Dec. 18, 2019.