Acron Group, Moscow, has executed an amendment agreement to extend its up to $750 million syndicated structured pre-export finance facility originally signed with a group of relationship banks in May 2017, for another two years with new final maturity date in May 2026.
“By closing this transaction, we have almost completely covered our refinancing needs for 2021, and it significantly improves our liquidity profile,” said Acron Group Vice President for Finance and Economics Dmitry Balandin.