| Loan | Chelpipe, 12.2017 |
| Country | Russia |
| Status | Granted |
| Type of placement | Syndication |
| Amount | EUR 150,000,000 |
| Calculated USD Equivalent | USD 177,554,967 |
| Margin | *** |
| Signing date | December 2017 |
| Tenor | *** |
| Maturity date | *** |
| Mandated lead arrangers (MLAs) | *** |
| Purpose of loan | Refinancing |
| Purpose of loan | The proceeds of the loan will be used for refinancing of Chelpipe Group loan portfolio. |
| Club loan | Yes |
| Multicurrency loan | Yes |
| Type of loan | Non-revolving credit |
| Additional information | The financing was structured as a dual-currency term loan facility for EUR 65,000,000 and USD 35,000,000. The Facility pays a margin of 190bps over EURIBOR and 210bps over LIBOR. Accordion option embedded into loan documentation allows for an increase for additional EUR 10,000,000 and USD 40,000,000 which can be provided by existing lenders as well as new participants joining during further syndication. Pricing for accordion may differ from initial level and will be set by Chelpipe Group and lenders participating in it. |
| Investment banks | *** |
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| Loans | Volume, mln | Status |
|---|---|---|
| Chelpipe, 12.2017 | 150 EUR | Granted |
| Chelpipe, 02.2013 | 1,650 USD | Granted |
| Chelpipe, 1, 5.2007 | 145 EUR | Redeemed |
| Chelpipe, B, 3.2005 | 95 USD | Redeemed |
| Chelpipe, A, 3.2005 | 95 USD | Redeemed |
| TMK, 03.2021 | 25,000 RUB | Granted |
| CHTPZ Group, 04.2019 | 4,000 RUB | Granted |
| TMK, 04.2019 | 3,000 RUB | Granted |
| PNTZ, 02.2013 | 28,045 RUB | Granted |
| TMK, 5.2008 | 1,200 USD | Redeemed |
| Issuer | |
| List of affiliated companies | |
| Full issuer name | |
| Region | CIS |
| Country | Russia |
| Country of registration | Russia |
| Website | |
| Other issues of the issuer (including issues by affiliated companies ) | |
| Issuer profile | Chelyabinsk Pipe Plant produces welded and seamless steel pipe products for use in the oil and gas industry and a variety of other industries at two production facilities in the Ural region of Russia. |
| Industry | Ferrous metals |
| Rating Agency | Rating | Rating scale | Date |
|---|---|---|---|
| *** | ESG Ranking | *** | |
| *** | LT- foreign currency | *** | |
| *** | LT- local currency | *** | |
| *** | LT Int. Scale (foreign curr.) | *** | |
| *** | National Scale (Russia) | *** | |
| *** | Credit Ratings of Non-financial Companies | *** | |
| Registration required. Please log in or fill in the registration form. | |||
| 08/23/2021 | |
| 08/23/2021 | |
| 07/27/2021 | |
| 04/15/2021 | |
| 03/01/2021 |
