29/06/2018

Press release: Uralkali Signs US$825 million 5-year Pre-Export Facility

Uralkali (the Company; Moscow Exchange: URKA), one of the world’s largest potash producers, has signed a loan agreement in the amount of US$825 million with 11 international banks.

Mandated Lead Arrangers and Bookrunners of the pre-export finance facility were MUFG Bank, Ltd., Crédit Agricole Corporate & Investment Bank, “Credit Agricole Corporate and Investment Bank” Joint Stock Company, ING BANK N.V., SOCIETE GENERALE, PJSC ROSBANK and AO UniCredit Bank.

Intesa Sanpaolo Bank Luxembourg S.A., Banca Intesa, NATIXIS and PJSC “BANK URALSIB” became Lead Arrangers, and Deutsche Bank AG, Amsterdam Branch, HSBC Bank plc and AO Raiffeisenbank acted as Arrangers of the Facility.

ING Bank N.V., SOCIETE GENERALE and PJSC ROSBANK also acted as Facility Coordinators, ING Bank N.V. as Documentation Agent, and Credit Agricole Corporate and Investment Bank as Facility and Security Agent.

PJSC ROSBANK and AO UniCredit Bank also acted as a Russian Account Banks.

The interest rate is LIBOR plus 190 bps margin with a loan maturity of 5 years. The loan will be used for refinancing of Uralkali’s existing loans and general corporate purposes.

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