By Andrei Skvarsky.
Sberbank, Russia’s largest bank, has lent $250m to Russian company VSMPO-AVISMA, a leading producer of titanium with Airbus, Rolls-Royce, General Electric and Boeing among its customers.
The deal was arranged by Sberbank CIB, the bank’s investment arm.
“The structure of the deal enabled the borrower to optimise its debt burden and allowed for more flexible management of the company’s liquidity,” Sberbank CIB said in a statement.
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