Sovcombank PJSC

Sovcombank PJSC - ESG Loan

Borrower (s)
Sovcombank PJSC
Industry
Other/Financial Services
Area of finance
Syndicated loans
Country
Russian Federation

Deal Overview

PJSC Sovcombank signed an agreement to borrow USD 350 million from a syndicate of banks. The loan has two tranches with maturities of 12 and 18 months. The Bank will use the funds to finance its foreign trade operations, its general corporate purposes and further growth of its portfolio of Halva...

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PJSC Sovcombank signed an agreement to borrow USD 350 million from a syndicate of banks. The loan has two tranches with maturities of 12 and 18 months. The Bank will use the funds to finance its foreign trade operations, its general corporate purposes and further growth of its portfolio of Halva BNPL platform.

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Deal Volume
$ 350m
Financial Close
11 January 2021
Sources
Submitted by participant(s), Press release

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Tranches


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