EuroChem signs up to $750m pre-export finance facility

By James Sean Dickson
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 been attained....

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