MOSCOW, Sept 21 Russia-focused fertiliser
producer Eurochem said on Wednesday it had signed an $800
million pre-export finance facility with international banks, to
be used to refinance part of its debt.
In the statement, Eurochem said that the 5-year facility,
which allows for 2-year grace period, was signed with Bank of
China, Citibank, Commerzbank, Credit Agricole, Industrial and
Commercial Bank of China, ING, Mizuho, Natixis, Nordea,
Raiffeisenbank, Societe Generale and UniCredit.
Swiss-based Eurochem, owned by Russian tycoon Andrei
Melnichenko, has assets in Russia, Lithuania, Kazakhstan and
Belgium. It said the deal with banks was signed on Sept 13.
(Reporting by Katya Golubkova; Editing by Elaine Hardcastle)