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Thursday, 15 March 18
SUEK GROUP SECURES $1.055BN 5-YEAR SYNDICATED PRE-EXPORT FINANCE FACILITY
SUEKSUEK Group signed a $1.055bn syndicated pre-export loan agreement. The facility with five years duration is secured against the Group’s export revenues and will be used for refinancing as well as general corporate purposes. 18 financial institutions have participated in the syndicate.

Nikolay Pilipenko, SUEK CFO, commented on the loan agreement, “We are very pleased with the outcome of this syndication. Many thanks to the members of the syndicate for their support. We will continue to pursue the Group’s strategy with full commitment to deliver on our financial, operational and sustainability goals”.

SUEK is one of the world’s largest coal companies and the leading coal producer in Russia. According to company's webite, the company's competitive strengths include: large, high-quality coal deposits, modern quality-assured washing plants and highly cost-efficient production and distribution.

No.1 in Russia and No.6 globally by output – 107.8 Mt in 2017
No.3 globally by international sales – 54.2 Mt in 2017
No.6 globally by reserves – 5.4 Bt

key assets include
15 open pits
12 mines
9 washing plants and processing facilities
3 ports
Global sales and distribution network
Research institute


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Recent News

Friday, 02 March 18
MORE COAL INQUIRES FROM SOUTH AFRICA TO INDIA; SUPRAS FIXED CA $12K + BB - FEARNLEYS
Supramax Better rates in Atlantic, but not too busy market just yet. Black Sea catched improving rates for grain cargoes, where supras to Eg ...


Friday, 02 March 18
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COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...


Wednesday, 28 February 18
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Cargo growth at the country’s major ports is all set to moderate to 3-5 per cent per annum over the next five years due to the “sedate ...


Wednesday, 28 February 18
MARKET INSIGHT - LINOS KOGEVINAS
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Tuesday, 27 February 18
SHELL SEES POTENTIAL LNG SUPPLY SHORTAGE AS GLOBAL DEMAND SURGES
Media Release: The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 ...


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