KGHM with over $500 mln worth loan for bond redemption

KGHM International, a subsidiary of  Poland's copper miner KGHM received a loan valued at $519.3 million for early bond redemption, Reuters reported on Tuesday. The loan was advanced by KGHM's indirect subsidiary 0929260 B.C. Unlimited Liability Company, it's maturing on December 31, 2021, the agency informed. The total value of loans granted within the last year by the indirect subsidiary to KGHM International amounts to $719.38 million.