| Loan | Siberian Anthracite, 1B, 09.2014 |
| Country | Russia |
| Status | Granted |
| Type of placement | Syndication |
| Amount | USD 100,000,000 |
| Margin | *** |
| Signing date | September 2014 |
| Tenor | *** |
| Maturity date | *** |
| Mandated lead arrangers (MLAs) | *** |
| Purpose of loan | Refinancing |
| Purpose of loan | Refinancing of the existing PXF that was signed in 2011 as well as the Company’s working capital and CAPEX requirements |
| Type of loan | Term loan |
| Additional information | The facility comprises two 5-year tranches, the second of which
becomes available one year after facility closing if the Borrower is compliant with certain operating milestones and financial covenants. The
facility is structured as a typical pre-export finance transaction with repayment secured by the assignment of export contracts. Both tranches of
the facility will start amortizing in a linear fashion after 24-month grace period. |
| Collateral and guarantees | Guarantor: Sibanthracite PLC |
| Investment banks | *** |
