BNP Paribas Russia News & Press
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April 7, 2005 -

BNP Paribas acted as Agent, Mandated Lead Arranger for a USD 50 million 37-month pulp pre-export facility in favour of Kotlas, Ilim Pulp Group

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BNP Paribas enjoys excellent long-standing relationship with Ilim Pulp Group, the biggest player in the sector in Russia. This relationship started in the years after the Soviet Union era end and since then the Bank has established direct contacts with both the founding shareholders and the top management of the Group.
With the new medium-term facility we definitely positioned ourselves as a core, if not the main, bank of Ilim having supported the group from its inception and financing its ongoing development.

The deal represents a new bench-mark in the Russian pulp and paper market in terms of duration.