BCS Global Markets has acted as a co-arranger of a Syndicated Pre-Export Finance Facility worth USD300 million for ТОО Aktyubinsk Copper Company (ACC), part of Russian Copper Company (RCC).
The facility to refinance ACC’s existing debt and general corporate purposes is secured by its exports proceeds from international traders and guarantees by the parent holding company and operational companies in Kazakhstan of the RCC Group.
Natixis has been mandated as Coordinator and acted as Joint Bookrunning Mandated Lead Arranger with Societe Generale Corporate & Investment Banking and Rosbank. The facility has been provided by a syndicate of 11 co-arrangers after almost a double oversubscription.
“We are happy to take part in a major international syndicate for a leading copper producer with an immaculate reputation, RCC Group. We are planning to expand our syndicated lending activities, including in the role of the lead arranger,” said BCS Global Markets co-CEO Aleksey Gonus.