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Russian Copper seals US$300mn PXF

Europe / 21-12-16 / by
Copper Sheets Metal Industry

Russian Copper Company (RCC) has secured a US$300mn pre-export finance (PXF) facility.

Natixis was the co-ordinating mandated lead arranger for the five-year facility that is backed by receivables from export of copper wire rod and copper cathodes.

Mandated lead arrangers of the facility were Alfa-Bank, Sberbank, Sociétéé Générale, Rosbank, UBS and UniCredit acting as arranger.

Morgan Lewis advised Natixis on the deal.

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