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Uralkali secures US$1.2B loan

PJSCUralkali said April 29 that it has entered a loan agreement ofUS$1.2 billion with 16 international banks.

Proceeds would be used for general corporate purposes,including refinancing of existing loans.

The loan bears an interest rate of LIBOR plus 325 bpsmargin, with maturity in five years.

ING Bank NV, Natixis and AO UniCredit Bank acted as globalcoordinators. Coordinating mandated lead arrangers and bookrunners of the pre­-exportfinance facility were ING Bank, Natixis, AO UniCredit Bank, Sberbank Europe AG,Societe Generale Corporate & Investment Bank, and PJSC Rosbank.