DTEK Concluded Debut Pre-Export Financing Deal for USD 375,000,000
OREANDA-NEWS. DTEK concluded a USD 375,000,000 Structured Pre-Export Financing, arranged by Deutsche Bank AG (Amsterdam Branch), Raiffeisen Bank International AG, Gazprombank (Open Joint - stock Company), Erste Group Bank AG and UniCredit Bank Austria AG. The facility is structured as one loan with two tranches, consisting of a three-year tranche and a five-year tranche.
Funds drawn under this facility will be used to finance DTEK’s export activities.
“Development of export activities is among DTEK’s priorities, which requires appropriate financing,” said DTEK CFO Vsevolod Starukhin. “DTEK continues to extend its set of financing instruments. The conclusion of this transaction is evidence of the trust of leading financial institutions in our company.”
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