Uralkali signs PXF with significant upscale options

Region:

Europe

Jonathan Bell

Editor-in-chief

Russia’ Uralkali, one of the world’s largest potash producers, has signed a $530 million pre-export finance (PXF) loan agreement with eight international banks. The transaction is the first major loan for a Russian producer with international banks so far in 2015 and is a sign that lenders are keen to get back in the frame with prime Russian borrowers.

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