EuroWeek, a weekly financial publication, awarded Metalloinvest the first prize in the Russian Deal of the Year category of the EuroWeek Leveraged Finance & Syndicated Loans Award 2011 for the closing of a USD 3.1 billion syndicated loan.

BNP Paribas and Deutsche Bank acted as the Initial Mandated Lead Arrangers and Bookrunners for the facility, which became the first syndicated loan of significant size raised after the recent financial crisis, and the largest pre export syndicated financing in Russian metals and mining sector.

Winners of the EuroWeek Leveraged Finance & Syndicated Loans Award are selected by representatives of the international banking community.

In addition to IMLAs and Bookrunners, the following banks joined as Mandated Lead Arrangers and Bookrunners upon the closing of the deal (in order of commitment size): Société Générale Corporate & Investment Banking, ING Bank NV, Crédit Agricole CIB, Commerzbank Aktiengesellschaft, The Bank of Tokyo Mitsubishi UFJ, Ltd, Credit Suisse AG, Natixis, OJSC Nordea Bank, The Royal Bank of Scotland NV and UniCredit Bank. WestLB AG (London Branch) joined the facility as Mandated Lead Arranger, and Sumitomo Mitsui Banking Corporation Europe Limited, Merrill Lynch International Bank Limited, Sberbank of Russia and Intesa Sanpaolo Bank Ireland Plc as Senior Lead Arrangers. Standard Bank Plc and Morgan Stanley Bank International Limited acted as Lead Arrangers with JP Morgan plc joining as Arranger and JSCB Bank of China (Eluosi) as Lead Manager.

Mr Pavel Mitrofanov deputy CEO & CFO of Metalloinvest said that "The closing of the syndicated pre export facility demonstrated the Company’s strong financial position and high quality of its assets. We are pleased that our work was recognized by the international banking community and EuroWeek magazine."