Moscow—Global law firm Dentons advised Public Stock Company «VSMPO-AVISMA» Corporation (VSMPO), one of the world’s largest titanium producers, on an English law-governed unsecured 5-year club loan facility for up to US$400 million provided by a number of international banks.

The loan will be used to refinance VSMPO’s existing loans and for general corporate purposes. The Mandated Lead Arrangers and Bookrunners were Crédit Agricole Corporate and Investment Bank, Banca Intesa, Intesa Sanpaolo Bank Luxembourg S.A., and UniCredit S.p.A.. Société Générale was the Mandated Lead Arranger and Bank Zenit and Bank ICBC (JSC) were the Lead Arrangers. ING Bank N.V. acted as Agent and UniCredit S.p.A. acted as Documentation Agent.

Partner Evgenia Laurson led the Dentons team working on the transaction, with support from senior associate Anna Booth in London and associate Marina Smirnova in Moscow.

About VSMPO-AVISMA Corporation

VSMPO is the world’s largest vertically integrated manufacturer of titanium and titanium alloy products. VSMPO also produces aluminum alloy extrusions, steel alloy and nickel-based heat-resistant alloy semi-finished products. VSMPO is a leader in the global market for high-tech titanium products, is deeply integrated into the global aerospace industry and is a major strategic supplier of titanium products for many companies. Products manufactured by VSMPO are widely used in power engineering, petrochemical industry, shipbuilding, medicine and civil engineering. VSMPO enjoys business relationships with more than 450 companies, including the world’s leading aircraft manufacturers, in 50 countries worldwide.

About Dentons

Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you. www.dentons.com