EMEA Finance declares ChTPZ Group winner of Achievement Awards 2013 Prize

February 19, 2014. Following a yearly analysis of the best deals, experts and representatives of EMEA Finance, an established international magazine, declared the restructuring of ChTPZ Group’s loan book (which was completed in 2013) the winner in the Best restructuring for Central and Eastern Europe/ Best restructuring in CEE category, ChTPZ Group’s press service reports.

ChTPZ Group’s loan book was restructured in the form of two syndicated loans with the total volume of 86.464bn RUR with a seven-year repayment period and a bonded loan of 8.225bn RUR with one- to three-year circulation periods.

The syndicated loans were issued in accordance with the Russian legislation, secured with a guarantee and a single pool of ChTPZ Group’s assets; these are also partially secured by the Russian Federation Government. Sberbank of Russia and Raiffeisenbank acted as the coordinators and underwriters for the loans.


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