EuroChem signs up to $750m pre-export finance facility
Published: Tuesday, 08 September 2015
The miner, which has significant Russian operations and is thus subject to a higher jurisdiction risk, said that the international debt markets had given it a good price for the debt subscription despite “challenging” market conditions.
Zug, Switzerland-headquartered EuroChem
Group AG has signed a $750m pre-export finance facility with a
number of international banks.
The fertiliser producer, which operates plants and mines
across Russia, inked the agreement as a four year facility with
a two year grace period. EuroChem said "attractive pricing" had