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Commerzbank has arranged a four-year US$100mn syndicated pre-export finance facility for the Russian oil company Yenisey, a medium-sized oil producer active in the development, production and marketing of crude oil predominantly in the Komi region. 


Syndication is to start soon.


The facility is secured by US dollar export proceeds arising from Yenisey’s crude oil deliveries to the independent oil distributor Vitol. 


Yenisey received a facility arranged by Natexis last year.