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ALROSA repays US$370M loan

PJSC ALROSA on Dec. 14 said it repaid a US$370 million bank loan to JSC UniCredit Bank received in April 2014, bringing down the company's debt to US$2.3 billion.

Increased free cash flow from operations helped the company make the early repayment, ALROSA CFO Igor Kulichik said.