NKNK joins long queue of Russian borrowers

Another week, yet another deal for one of Russia’s corporate borrowers. This time, petrochemical company Nizhnekamskneftekhim returns to the loan market for $120m, its first facility since 2003. It faces the challenge of attracting commitments in what has become a very crowded market. Read EuroWeek on Friday to find out how the many transactions in Russia’s syndicated loan market are faring.