OREANDA-NEWS. OAO Siberian Coal and Energy Company has secured a USD 400 million 4-year Coal Pre-Export Facility (the "Facility") through a syndicate of international lenders led by Banque Sociйtй Gйnйrale Vostok ("BSGV"), SG Corporate & Investment Banking ("SG CIB"), ZAO Raiffeisenbank Austria ("RBRU") and Raiffeisen Zentralbank Цsterreich AG ("RZB") (together the "Mandated Lead Arrangers").

The Facility represents the largest ever syndicated transaction for a Russian coal producer and will be used by SUEK to refinance existing debt on more competitive terms.