Gazprom’s European trade subsidiary has raised credit of $600 million
Edited by Rhod Mackenzie / 2013-07-29 12:16:38
Gazprom Marketing & Trading Limited (GM&T), a 100% Gazprom’s European trade subsidiary has raised a syndicated multi-currency revolving credit of $600 million. It’s organized by 30 banks including ABN AMRO NV, ING Bank NV and Royal Bank of Scotland. The credit agent is Barclays Bank. The funds will be spent to the common corporative purposes and will be allocated by 2 revolving tranches including one multi-currency tranch and one in USD. GM&T was founded in London in 1999 for performing of marketing and trade operations at the European markets.
