SG CIB was appointed as initial co-arranger and bookrunner of $300 M in export pre-financing for a five-year period on behalf of OJSC Uralkali.

Uralkali is a vertically integrated potash production company with control over the whole production chain, from potash ore mining through supply to end-buyers. Since the finalisation of its merger with Silvinit in June 2011, Uralkali has become one of the main producers and the largest potash exporter in the world.

The facility is secured by commercial contracts between Uralkali, its Swiss trading subsidiary Uralkali Trading, and the end-buyers. It will finance the company’s working capital requirements.