Anniversaries of the loan has a two grace period. The company will use the funds to refinance part of the debt, including full repayment of the pre-export facility secured in August of 2015, noted in a release.
The creditors included Bank of China Limited JSC "Citibank, Commerzbank, Crеdit Agricole Corporate and Investment Bank, Luxembourg branch Industrial and Commercial Bank of China Limited, ING Bank N. V., Mizuho Bank, Natixis, Nordea Bank AB (publ), Raiffeisen, Societe Generale Corporate & Investment Bank and ROSBANK, UniCredit Bank Austria.
The loan was also involved with the British branch of Citibank Europe PLC, London branch Citibank N. A. and ING Bank N. V.
About the company:
"EuroChem" is one of the fastest growing major fertilizer producers. The geography of productive assets gradually expanded to include Russia, Lithuania, Kazakhstan and Belgium as well as China.
www.eurochemgroup.com
Translated by service "Yandex.Translation"