EuroChem Group AG’s $820 Million Credit Facility


White & Case LLP has advised the lenders on a new US$820 million unsecured finance facility provided to EuroChem Group AG, a leading global fertilizer company.

EuroChem Group AG, a leading global fertilizer company, announces the signing of a new US$820 million unsecured finance facility with 13 leading international banks. The three-year Facility was arranged on a club basis and comes with a two-year grace period. The Group will use the proceeds to refinance part of its debt.

AO UniCredit Bank, AO Raiffeisenbank, and Raiffeisen Bank International AG acted as Coordinators. AO UniCredit Bank, Crédit Agricole Corporate and Investment Bank, and ING Bank, a branch of ING-DIBA AG, acted as Bookrunners.

Mandated Lead Arrangers joining the Facility are (in alphabetical order): Bank of China Limited, Hungarian Branch; China Construction Bank; AO Citibank; Crédit Agricole Corporate and Investment Bank; ING Bank, a branch of ING-DIBA AG; Mizuho Bank, Ltd.; AO Mizuho Bank (Moscow); MUFG Bank, Ltd.; PJSC ROSBANK; Raiffeisen Bank International AG; AO Raiffeisenbank; AO UniCredit Bank; and others.

UniCredit Bank AG, London Branch, acted as Facility Agent.

The White & Case team which advised on the transaction was led by partner Natalia Nikitina (Picture) and local partners Tomas Jine (Prague) and Ekaterina Logvinova (Moscow), with support from associate Maria Kulmukhametova (Moscow).

Involved fees earner: Natalia Nikitina – White & Case; Tomáš Jíně – White & Case; Ekaterina Logvinova – White & Case; Maria Kulmukhametova – White & Case;

Law Firms: White & Case;

Clients: Citibank; Crédit Agricole Corporate and Investment Bank; ING Bank; Mizuho; Bank of China; MUFG Bank, Ltd.; Raiffeisen Bank; China Construction Bank Corp.; ROSBANK; AO UniCredit Bank; ING-DIBA AG;