Four fuel DTEK facility

17 Sep 2012

Ukrainian energy producer DTEK has attracted four banks to its euro-only loan of around €305m ($400m). ING and UniCredit are co-ordinating the deal. They are joined by Gazprombank and Sberbank.

The facility is split between three and five year tranches, with one tranche paying a margin of 650bp, according to a senior loans banker. DTEK is hoping to close the deal by the end of September.

The loan is the largest by a Ukrainian borrower so far this ...

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