http://www.finamrus.com/newtopics/news03C47/default.asp
Mechel Group has launched syndication of a $2 bn loan to refinance the acquisition of Yakutia-based coal assets, the metal group said in a statement. The credit facility will be arranged by seven banks: ABN Amro, BNP Paribas, Calyon, Natixis, Societe Generale, SМВС and Commerzbank. Mechel is to raise a $1.7 bln 5-year pre-export loan (secured by future payments for the group's exports) and a $300 mln 3-year unsecured credit.
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