Clifford Chance

The Firm advised:

- The mandated lead arrangers Nordea Bank AB, Societe Generale, Sumitomo Mitsui Bank, in relation to a buyer credit agreement backed by EKF and SACE for the Nizhnekamsk Petrochemical and Refinery Project in Tartarstan, Russia;

- A syndicate of eight banks led by Santander, BNP Paribas and HSBC on the US$528 million Korean export credit backed financing of seven very large ore carrier (VLOC) vessels for Vale.