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Thursday, 15 March 18
SUEK GROUP SECURES $1.055BN 5-YEAR SYNDICATED PRE-EXPORT FINANCE FACILITY
SUEKSUEK Group signed a $1.055bn syndicated pre-export loan agreement. The facility with five years duration is secured against the Group’s export revenues and will be used for refinancing as well as general corporate purposes. 18 financial institutions have participated in the syndicate.

Nikolay Pilipenko, SUEK CFO, commented on the loan agreement, “We are very pleased with the outcome of this syndication. Many thanks to the members of the syndicate for their support. We will continue to pursue the Group’s strategy with full commitment to deliver on our financial, operational and sustainability goals”.

SUEK is one of the world’s largest coal companies and the leading coal producer in Russia. According to company's webite, the company's competitive strengths include: large, high-quality coal deposits, modern quality-assured washing plants and highly cost-efficient production and distribution.

No.1 in Russia and No.6 globally by output – 107.8 Mt in 2017
No.3 globally by international sales – 54.2 Mt in 2017
No.6 globally by reserves – 5.4 Bt

key assets include
15 open pits
12 mines
9 washing plants and processing facilities
3 ports
Global sales and distribution network
Research institute


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Recent News

Tuesday, 31 July 18
ENERGY MINISTRY REMAINS FIRM ON DMO POLICY FOR COAL - JP
The Energy and Mineral Resources Ministry has stressed that it will not cancel its policy on the domestic market obligation (DMO) for coal, as the ...


Saturday, 28 July 18
GOVERNMENT TO REVOKE COAL PRICE CAP POLICY - JP
The government plans to revise its domestic market obligation (DMO) on coal price next week during a high-level meeting with President Joko “ ...


Thursday, 26 July 18
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Thursday, 26 July 18
ASEAN COAL IMPORTS INCREASED IN 2Q' 18 COMPARED TO THE PRIOR YEAR; THIS TREND TO CONTINUE AS 56 GIGAWATTS OF NEW COAL PLANTS IN 24 COUNTRIES WORLDWIDE ARE EXPECTED TO COME ONLINE IN 2018 - PEABODY
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Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
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