GTR Trade Finance eNews - Deals 2010
Rusal returns to international market
Russian aluminium firm Rusal has tapped the international market for the first time since its 2009 US$16.8bn restructuring.
The world’s largest aluminium producer has agreed the main terms and conditions of a one-year US$300mn trade finance line with a club of international banks.
BNP Paribas, ING, Natixis, Crédit Agricole, Société Générale and UniCredit will act as mandated lead arrangers for the deal, with BNP Paribas taking on the extra responsibility of facility agent and collateral agent.
Banks team up for copper mine
Barclays and Australia’s Macquarie Bank have signed an A$50mn project finance loan facility agreement to Australian mining company Hillgrove Resources.
Uralsib draws in international support
Russia’s Uralsib has successfully closed a massively oversubscribed US$275mn syndicated term loan facility.
Syndication opens for Turkey's Enerjisa deal
UniCredit (Austria), WestLB and the World Bank’s IFC have launched syndication of a €700mn debt package in support of Turkey’s Enerjisa.
Stemcor continues borrowing spree
Stemcor has closed its first German syndicated facility.
