Global law firm White & Case LLP has advised the lenders on a new US$820 million unsecured finance facility provided to EuroChem Group AG, a leading global fertilizer company.

"White & Case has strong working relationships with both the lenders and the borrower, which allowed us to provide efficient advice in a tight timeframe," said Moscow-based local partner Ekaterina Logvinova. "The deal also underlines the strength and cross-border capabilities of our finance team."

The lenders comprised 13 major international banks, coordinated by UniCredit Bank and Raiffeisenbank. The three-year facility was arranged on a club basis and will be used to refinance part of EuroChem's debt.

The White & Case team which advised on the transaction was led by partner Natalia Nikitina (Moscow) and local partners Tomas Jine (Prague) and Ekaterina Logvinova (Moscow), with support from associate Maria Kulmukhametova (Moscow).