Sberbank CIB

Russian mining firm Metalloinvest has closed a $400m pre-export finance facility (PXF), with two banks coordinating. But the bank list and pricing have not been disclosed, leaving uncertainty over the wider lending appetite for the deal and sector.

Evgenia Tyurikova has been hired as Sberbank’s new head of private banking.

Sergey Gorkov, deputy chairman of Sberbank’s executive board, is leaving the bank, and a new acting head of global markets and head of corporate business have been appointed.

The Russian loan market has brought its first dollar deal of the year with Siberian Coal Energy Company (SUEK) signing a long-awaited $1bn pre-export finance facility. The deal is its first syndicated loan since January 2014 and exceeds the size of any Russian loan of 2015.

European Union ministers decided on Monday to permanently lift most sanctions on Belarus. But international banks remain wary of leading the country back to the Eurobond market.

Sberbank CIB has hired a new director of its client management department.

The arid landscape for equity block trades so far this year in EMEA was brightened on Wednesday by two evening sales, both with a Russian flavour and involving elite clients.

DenizBank, the Turkish bank, is to conduct a second capital increase, only a few months after finishing its last one — but main shareholder Sberbank is expected to maintain its near-100% stake.

Sovcomflot, Russia’s largest shipping company, has signed a $340m bilateral loan with Sberbank CIB. In previous years it regularly obtained syndicated loans from international banks.

Russian steel company Evraz raised $750m from a bond that was printed tight to secondary levels on Thursday as it benefited from huge pent up demand for Russian corporate paper, even in a volatile market for metals and mining firms.

Russian steel company Evraz is roadshowing a Reg S senior unsecured dollar bond through six active bookrunners and two passive, in tandem with a tender offer.

Dean Tyler, previously a managing director at Sberbank, has taken on more responsibility at Haitong Securities this month.