OREANDA-NEWS. May 20, 2013. Sberbank CIB and JSC VSMPO-AVISMA Corporation have successfully closed a deal providing the latter with a loan in the amount of USD250 mln.

The structure of the deal enabled the borrower to optimize its debt burden and allowed for more flexible management of the company’s liquidity.

“We highly value the partnership relations between JSC VSMPO-AVISMA Corporation, one of the fastest-growing and most successful titanium producers in the global market, and Sberbank CIB, and hope to maintain and strengthen our collaboration. Sberbank of Russia is interested in offering JSC VSMPO-AVISMA Corporation a wide spectrum of banking products, including in Western Europe,” commented Igor Serov, Нead of the Corporate Clients Division of the Client Management Department, Managing Director, Sberbank CIB.