"Belaruskali" attracted a syndicated loan of 550 million euros

Friday, 31 July 2015 14:16  |  Written by  BelTA

As security for the guarantee of the government of Belarus framed

"Belaruskali" attracted a syndicated loan of 550 million euros. This is stated in the press service of Sberbank CIB, BelTA informs.

According to the press service, Sberbank CIB arranged the financing for the "Belaruskali" in the form of a syndicated loan. The amount of funding amounted to 550 million euros, the transaction period - 5 years. As security for the guarantee of the government of Belarus is framed.

Lenders made of "Sberbank of Russia" and Sberbank Europe AG, the agent on the loan is of "Sberbank of Russia".

"Belaruskali" is one of the largest producers and exporters of potash fertilizers in the world. According to the International Association of fertilizers, accounting for a fifth of world exports of potassium fertilizers. "Belaruskali" exports its products to more than 100 countries. The company consists of four mining administration, as well as support and service units.

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