It is reported that BNP Paribas and Deutsche Bank have been mandated by Russian iron and steel producer Metalloinvest for a jumbo pre-export financing.

BNP Paribas and Deutsche Bank have been mandated by Russian iron and steel producer Metalloinvest to arrange the syndication of a USD 1.2 billion syndicated pre-export finance.

The tenor of the facility is five years and benefits from a margin set on the basis of a debt to EBITDA ratio. It is anticipated that the mandated.

(Sourced from www.tradefinancemagazine.com)