OREANDA-NEWS. March 05, 2012. OJSC "Sberbank of Russia" with the organizational support of SB JSC "Sberbank" opened a USD2 bn credit facility for ENRC Group, which is one of the leading ferrochrome and iron ore producers, reported the press-centre of KASE.

The funds will be channeled to implementation of the Group's investment projects.

The deal opens the list of major events in 2012 on the global market of debt financing and serves as a clear example of the Bank's strategy aimed at development of international transactions.

"For our Bank it is one of major deals, it can be reasonably named the deal of the year, - says Oleg Smirnov Chairman of SB JSC "Sberbank". - Our employees had been preparing it for six months; a great deal of work had been done. We are pleased that we proved to all and first of all to ourselves that we can manage deals of that magnitude. It is nice that the year 2012 began for us with such major event, and we are set to continue that tendency. This year we suppose to conclude more deals with Kazakhstan's companies".