OREANDA-NEWS. December 3, 2012. Siberian Coal Energy Company OJSC (SUEK) has secured a USD 600 million 5-year syndicated pre-export loan facility. The deal was signed on November 22, 2012 through a group of leading international banks, including, Deutsche Bank AG, NATIXIS and UniCredit acting as Coordinating Mandated Lead Arrangers and ING BANK N.V., BNP Paribas and Caterpillar Financial Services Corporation acting as Mandated Lead Arrangers. The deal was supported by SUEK's major relationship banks.

The 5-year facility carries a margin of 370 basis points and is secured by the company's export revenues. The facility will be used primarily for refinancing of existing debt and also for general corporate needs.