Global law firm White & Case LLP has advised JSC Siberian Anthracite, a leading producer and exporter of ultra high grade anthracite, on a pre-export financing of up to US$570 million from a pool of international and Russian banks.

The facility will be used for general corporate needs and to refinance existing loans. The mandated lead arrangers included, among others, ING Bank, Banca Intesa, Credit Suisse AG and Sberbank of Russia.

White & Case team which advised on the transaction included partners Maxim Kobzev (Moscow) and James Hardy (London), with support from associates Natalia Tsimbalova and Maria Kulmukhametova (both Moscow).