EuroChem Signed Finance Agreement for Syndicated USD 1.5bln Loan
OREANDA-NEWS On 27 October was announced, that MCC Eurochem (credit rating "Standard&Poor’s" BB, "Fitch Ratings" BB) signed the finance agreement with several of the world’s largest banks for a syndicated loan in the amount of USD 1.5 billion.
ABN AMRO BANK, The Bank of Tokyo-Mitsubishi UFJ, Ltd., BARCLAYS CAPITAL, BAYERISCHE HYPO-UND VEREINSBANK AG (a member of UniCredit Group), BNP PARIBAS S.A., ING Wholesale Banking, JSB <ORGRESBANK> (PART OF NORDEA), SOCIETE GENERALE CORPORATE INVESTMENT BANKING and BANQUE SOCIETE GENERALE VOSTOK (the Russian subsidiary of Sociйtй Gйnйrale Group) and Sumitomo Mitsui Banking Corporation as Mandated Lead Arrangers have led the transaction.
COMMERZBANK has joined the lead group as Senior Lead Arranger at an early stage.
Borrowed funds will be used for the refinancing of existing debt, investment programs, working capital and general corporate purposes.
Комментарии