DGAP-News: Sberbank: Sberbank of Russia opened credit line to ENR?Group

EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous
Sberbank: Sberbank of Russia opened credit line to ENR?Group

29.02.2012 / 08:46

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Sberbank of Russia opened credit line to ENR?Group

February 28, 2012, Moscow – Sberbank of Russia (???: SBER, MICEX: SBER03)
provided 2 billion USD facility for 5 years to ENR?Group, one of leaders
of the global market of ferrochrome and iron ore mining.

Purpose of the credit line – common corporate goals, including funding of
the Group–s investment program.

The deal tops the list of major 2012 events on the debt financing market,
serves an illustrative example of the Bank–s strategy to develop
international transactions. Sberbank actively participates in funding of
programs of transcontinental holdings expanding their business in the SIC
and other countries.

–The deal marks a new stage of relationships between the Bank and ENRC
Group. Opening of this credit line will become one of the most noticeable
events of early 2012 for the financial market, and another proof of
readiness of Sberbank to arrange large scale credit transactions for its
clients– – commented Aleksey Grenkov, Managing Director – Head of Clients
Manager Administration of the Key Accounts Department of Sberbank of
Russia.

# # #

Sberbank
Alexander Baziyan
Public Relations Department
Tel. +7(495) 957 5721
media@sberbank.ru

Sberbank is the largest bank in Russia, accounting for about 27% of the
aggregate Russian banking assets and employing about 240,000 people.
Sberbank–s founder and major shareholder is the Bank of Russia holding over
60% of the voting shares. The bank–s other shareholders comprise more than
245,000 legal entities and individuals. The bank has the largest
countrywide branch network with 17 regional head offices and more than
19,000 outlets as well as subsidiary banks in Kazakhstan, Ukraine and
Belarus, a branch in India, and representative offices in Germany and
China.
The bank holds the general banking license No.1481 issued by the Bank of
Russia.
The official website is www.sberbank.ru

ENRC – international mining company possessing assets in the CIS, China,
Brazil and Africa. The Group is one of the largest world companies in
ferrous alloys and iron ore mining, it is the leader of the global mining
industry by profitability figures, has one of the largest
vertically-integrated complexes in Kazakhstan, actively develops projects
of purchase and development of new fields, and included into the
prestigious FTSE100 index.

End of Corporate News

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29.02.2012 Dissemination of a Corporate News, transmitted by
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The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS

End of News EquityStory.RS, LLC News-Service
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