Hogan Lovells Advises a Group of International Banks on Revolving Loan Facility to NLMK

Hogan Lovells Advises a Group of International Banks on Revolving Loan Facility to NLMK

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Hogan Lovells has advised coordinating mandated lead manager ING Bank N.V. and mandated lead arrangers Credit Agricole Corporate and Investment Bank, NATIXIS, SGBTCI, AO Raiffeisenbank, Bank of America Merrill Lynch International Designated Activity Company, Mizuho Bank, Ltd., Deutsche Bank AG, London Branch, Bank ICBC (JSC), UniCredit S.p.A., and Intesa Sanpaolo Bank Ireland Plc on a EUR 600 million revolving loan facility agreement with Russia-based steel producer NLMK.

An accordion option was also stipulated in the agreement, which allows NLMK to increase the loan limit up to EUR 1 billion.

Hogan Lovell’s team was led by British Partner David Leggott, supported by Russian Counsel Alexander Gasparyan and Paralegal Alexander Kitaev.

Hogan Lovells did not reply to our inquiry about counsel for NLMK.