ING BANK N. V. organized syndicated credit facility for industrial group VIOIL
December 6, 2017
Syndicate of European banks provided a USD 80,000,000 pre-export Credit Facility to Vioil, the company informs. Coordinating mandated lead arranger and bookrunner of this Facility is Dutch ING Bank N.V., one of world largest finance organization, represented in more than 40 countries.
«Providing of this syndicated loan means high level of confidence to our company from western finance structures. It is very important for us that our partners believe in transparency and stability of our business, – told Vioil’s CFO Alla Vlasiuk. Opening of the pre-export credit line let the Company to meet working capital requirements in 2017-18 marketing year and became the next step in entering the European finance markets».
Credit — Vioil, 11.2017
date of signingNovember 2017
Maturity dateNovember 2018