Societe Generale Group and Rosbank took part in providing of $ 850 million syndicated loan for PJSC “Uralkali”
- 07 September
Societe Generale Group and Rosbank acted as coordinating authorized leading organizers and bookrunners in the pre-export financing transaction of PJSC “Uralkali”, the leading vertically integrated world potassium producer. Rosbank also acted as a passport bank. The total amount of the transaction is $ 850 million, the loan term is 5 years. The company will direct attracted funds to debt obligations refinancing and financing its current activities.
“Societe Generale Group and “Uralkali” are connected by long-standing productive cooperation. It is important for us to support our clients by providing resources for business development. We are confident in the strength of our relations and hope to keep on working together in the future", - First Deputy Chairman of Rosbank Management Board, Head of Coverage and Investment Banking for Russia/CIS, Societe Generale Corporate & Investment Banking Ilya Polyakov said .
Societe Generale Group and Rosbank have been a part of Russian syndicated loan market since 2004. During this time, the Group has gained considerable experience in arranging transactions for Russian borrowers in retail trade, transport, chemical industry, mining, metallurgy, telecommunications and banking sector. Since early 2017, Rosbank has participated in 6 syndicated loans with total amount of provided financing of $ 6.7 billion.