Russia: UMMC signs debut EUR 100-million PXF syndicated loan

Ural Mining Metallurgical Company (UMMC), one of the top Russian producers of copper, zinc and other precious metals, has signed a debut EUR 100-million syndicated loan. Mandated Lead Arrangers, Bookrunners and Lenders are Raiffeisen Bank International AG, AO Raiffeisenbank, PJSC Rosbank and Societe Generale. Raiffeisen Bank International AG and AO Raiffeisenbank acted as documentation agent…

Russia: UMMC signs debut EUR 100 million PXF syndicated loan

Ural Mining Metallurgical Company (UMMC), one of the top Russian producers of copper, zinc and other precious metals, has signed a debut EUR 100-million syndicated loan. Mandated Lead Arrangers, Bookrunners and Lenders are Raiffeisen Bank International AG, AO Raiffeisenbank, PJSC Rosbank and Societe Generale. Raiffeisen Bank International AG and AO Raiffeisenbank acted as documentation agents…

Russia: UMMC attracts syndicated loan

Ural Mining and Metallurgical Company has attracted a debut syndicated loan of EUR 100 million. The loan has been provided by a pool of European banks: Raiffaisen Bank International AG, Raiffaisenbank, Rosbank and Societe Generale. The 3-year loan is structured as a classical re-export financing secured by the future supplies of copper and other export…

Russia: UMMC revenue up in 2016

In 2016 Ural Mining and Metallurgical Company received $5.3 billion of consolidated revenue, up by 17% YoY. The group EBITDA reached $1.2 billion. Non-ferrous metals accounted for 51% of the revenue, coal – 20%, precious metals – 9%. Exports share was 48%. (Ukrainian metal)