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(From Banking and Credit News)
BANKING AND CREDIT NEWS-April 11, 2012--Nordic Investment Bank provides EUR40m financing to Boliden (C)2012 M2 COMMUNICATIONS http://www.m2.com
11 April 2012 -- Finland-based Nordic Investment Bank has extended a EUR40m (USD52.5m) loan to Swedish Boliden AB, the bank and metals company announced separately on Wednesday. The fresh capital will be funnlled into the expansion of Boliden's Garpenberg zinc, silver and lead mine, which is located in Dalarna, Sweden, which will include a new concentrator, new shafts and underground facilities, as well as an upgrade of the mine's infrastructure, the lender said. The loan has an eight-year …