Hogan Lovells Advises Deutsche Bank on €250m Revolving Collateralised Credit Facility for NLMK European Plate Division

London 18 May – Hogan Lovells London-based trade and commodity finance team has advised Deutsche Bank on a €250m working capital facility for NLMK Europe Plate Division.

Hogan Lovells advised Deutsche Bank as co-ordinating mandated lead arranger, bookrunner and agent on the €250m revolving collateralised credit facility which is guaranteed by OJSC Novolipetsk Steel (NLMK) and made available to group company borrowers in Belgium and Italy.

The Hogan Lovells team was led by London finance partner David Leggott and associates Daniela Barrdear and Emma Milne. They were supported in Italy by partner Federico del Monte (international debt capital markets) and Fulvia Astolfi together with assistance from Daniele Vella (senior associate).  Hogan Lovells teams from Moscow (Alexander Rymko and Oleg Gritsenko) and Amsterdam (Wouter Jongen and Art van der Pols) also supported on the matter.

Commenting on the transaction, David Leggott said:
"We are delighted to have advised long-standing client Deutsche Bank on this deal and also to be working again with a key player in the steel sector market in the shape of NLMK. There has been tremendous teamwork from all parties on all sides to bring this matter to a successful conclusion."
Lydian acted as Belgian counsel led by Tom Geudens, and supported by Pieter Meeus and Pieterjan Van Assche

Share Back To Listing

Loading data