Acron Extends for Two Years a Syndicated Structured Pre-Export Finance Facility for up to USD 750 Million

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On 14 May 2019, Acron Group has executed an amendment agreement to extend their up to USD 750 million five-year syndicated structured pre-export finance facility which was originally signed with a group of relationship banks on 3 May 2017. The term of the facility has been extended for two years, and the grace period has been prolonged from two to four years.

The Coordinators and Bookrunners of the deal are ING Bank N.V. and AO UniCredit Bank. The lenders include AO UniCredit Bank, HSBC Bank plc, ING Bank Belgium SA/NV, Bank ICBC (JSC), SGBT Finance Ireland Designated Activity Company, PJSC Rosbank, Crédit Agricole Corporate & Investment Bank, Sberbank of Russia, Joint-Stock Commercial Bank “Bank of China (Russia)” and others with ING Bank N.V as the facility agent.

Sergey DorofeevAnastasiya GromovaTatiana SmirnovaPublic RelationsPhone: +7 (495) 777-08-65 (ext. 5196)

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Globe Newswire: 15:47 GMT Wednesday 15th May 2019

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