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Clifford Chance Advises Banks on Loan to Ural Mining & Metallurgical Company

Clifford Chance Advises Banks on Loan to Ural Mining & Metallurgical Company

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The Moscow office of Clifford Chance has advised AO Raiffeisenbank, Sberbank, Bank Saint-Petersburg, and Credit Bank of Moscow on their provision of a RUB 15 billion five-year loan to the Ural Mining & Metallurgical Company.

According to Clifford Chance, AO Raiffeisenbank also acted as the documentation and facility agent on the deal.

UMMC is a Russian producer of copper, zinc, coal, and precious metals.

Clifford Chance’s team included Partner Vladimir Barbolin, Senior Associate Arina Skrebkova, and Associate Veronika Orlova.

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