Kyiv—A multi-jurisdictional Dentons team has advised a syndicate of international banks jointly led by BNP Paribas and Deutsche Bank on the extension and increase to US$400 million of a pre-export secured revolving facility to Ferrexpo. The facility was arranged by BNP Paribas and Deutsche Bank.

Our cross-border team was led by partners Evgenia Laurson (London) and Natalia Selyakova (Kyiv) with the support of counsels Nadiya Shylienkova (Kyiv), partner Udayan Mukherjee (Dubai) and associate Olga Sokolova (Moscow), Artem Lukyanov (Kyiv) and Alla Kushnirenko (Kyiv).

Ferrexpo is a Swiss-based iron ore pellet producer with mines in Ukraine and sales operations around the world.  It is the third largest exporter of pellets to the global steel industry. Ferrexpo’s asset base is the largest iron ore deposit in Europe with approximately 20 billion tonnes of resources.

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