Copying and distributing are prohibited without permission of the publisher
Interpipe – export and PXF financing
23 March 2009
Dual approach secures record funding
Read more:
[Citi]
[Barclays Capital]
[Sace]
[Interpipe]
[Clifford Chance]
[Danieli pre-export]
[Ukraine]
[PXF. steel]
The financing arranged for Ukraine's Interpipe, one of the world's leading producers of steel pipes and railroad wheels, in April 2008 is particularly innovative in its combination of ECA-backed export financing and pre-export financing. Arranged jointly by Citi and Barclays Capital, the deal totaling $531 million is one of the largest investments ever made in the country and stands firmly as a landmark financing not only in that market but as a prime example of using export finance and PXF to reach required investment levels.
The transaction combines a $344 million export credit facility backed by the Italian export credit agency (ECA) Sace and a $187 million PXF...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
