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Acron Signs a Five-year Syndicated Structured Pre-export Finance Facility for up to US$ 750 Million

 Acron Group has announced that on 3 May 2017 it executed a five-year syndicated structured pre-export finance facility for up to USD 750 million with a club of relationship banks. The agreement is governed by English law.

The facility will be utilised for refinancing of the outstanding balance (US$ 468.2 million) under syndicated structured pre-export finance facility dated 30 December 2014 and for general corporate purposes.

Coordinating Mandated Lead Arrangers and Bookrunners under the facility are Commerzbank Aktiengesellschaft, Filiale Luxemburg, Crédit Agricole Corporate & Investment Bank, ING Bank N.V., Nordea Bank AB (publ), PJSC ROSBANK, Sberbank of Russia, Société Générale S.A. and AO UniCredit Bank; joined by Credit Suisse AG, Zurich and HSBC Bank plc. as Mandated Lead Arrangers and Bookrunners, Intesa Sanpaolo Bank Luxembourg S.A. as Mandated Lead Arranger and Joint-Stock Commercial Bank BANK OF CHINA (RUSSIA) and BANK ICBC (JSC) as Lead Arrangers.