Marco Industries has completed syndication of a US$140mn loan facility for Marco Industries, the Dutch majority holding company of Alro, and of the US$135mn pre-export structured financing facility for Alro.


The bookrunners of the syndication were Natixis and Bank Austria Creditanstalt (BA-CA), member of UniCredit Group.


Both facilities were originally signed on August 31, 2006, by BA-CA and Natixis. RZB has joined both facilities prior to syndication in November 2006, acting as mandated lead arranger in the Alro facility and as lead arranger in the Marco facility.


Proceeds of the Alro facility will be used to refinance existing, predominantly short-term, Alro bank loans. Proceeds of the Marco facility will be used to refinance existing Marco indebtedness and the recent acquisition of aluminium and power assets in the Henan province of the Peoples’ Republic of China (the Yulian/Zhongfu group).