Russian Copper Company got a loan of 300 million dollars

13.12.2016 — News

MOSCOW

The Russian Copper Company (RCC) was granted a non-revolving pre-export loan of 300 million US dollars for 5 years.

As RusBusinessNews has been informed by the RCC Press Service, the loan was provided for refinancing the existing pre-export loan as well as for general corporate purposes. It is secured by export revenues, the holding company’s guarantee and business assets’ guarantees.

Six international financial groups take part in the transaction as authorized lead underwriters, namely: Alfa Bank, JSC, Sberbank, PJSC, Rosbank, PJSC and UniCredit Bank, JSC (Russia), as well as UBS (Great Britain) and Societe Generale (France). The banks showed great interest; most of them countersigned the book.

Natixis (France), an international commercial bank, acted as an authorized lead arranger and coordinator, facility agent and security agent.