OREANDA-NEWS. Rosbank, together with Societe Generale Corporate and Investment Banking, has participated in a USD 1 billion Pre-export Finance Facility for OJSC “Uralkali” (LSE: URKA), successfully acting as an Initial Mandated Lead Arranger and Bookrunner in this transaction. A total of 14 banks participated in the deal, which has an interest rate of LIBOR plus 215 bps margin with the loan maturity of 5 years.

The loan facility will be used for the general corporate purposes and refinancing of existing loans of Uralkali, one of the world’s largest potash producers.

Elena Kozlova, Head of Rosbank Syndication, noted: “This transaction demonstrates the strength of SG Group syndicated loan market franchise in Russia and the partnership between the bank and Uralkali, one of global fertilizer market leaders”.