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Dentons Advises EuroChem on a USD 800 Million financing

Dentons Advises EuroChem on a USD 800 Million financing

Russia
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Dentons has advised the Eurochem mineral fertilizer producer on a USD 800 million five-year pre-export financing with a group of 14 banks, including lead arranger ING Bank and other lead arrangers Bank of China, Citibank, Commerzbank, Credit Agricole Corporate and Investment Bank JSC, Credit Agricole Corporate and Investment Bank, Industrial and Commercial Bank of China, Mizuho, Natixis, Nordea, Raiffeisenbank, Unicredit, Societe Generale and Rosbank. Morgan Lewis advised the banks on the deal.

The Dentons team, headed by Partner Evgenia Laurson, assisted EuroChem throughout the project. According to Dentons, "Evgenia regularly represents EuroChem on their financings, including advising EuroChem Mining on a USD 750 million project financing from a syndicate of international banks for its Usolskiy potash project at Russia’s Verkhnekamskoye deposit (one of the world’s largest potash deposits), signed in August 2014, and their previous pre-export finance and corporate facilities."

The firm's team also included Moscow-based Of Counsel Kelly Shutt and Associate Zaur Gidalishov.

Morgan Lewis did not reply to our inquiries on the matter.

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