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KME Group – ECA-backed financing
23 March 2009
Sace and UniCredit combine for KME
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KME Group
Sace
UniCredit
Wiel Gotshal & Manges
D'Urso-Garri
Jausus
copper
Availability of credit and cover for exporters/importers has been the major stumbling block for even some of the biggest companies – particularly over the past six to eight months. This financing for KME Group, one of the world's largest producers of copper and copper-alloy products, arranged by UniCredit Group's Mediocredito Centrale (MCC) and Italian export credit agency Sace, took place back in April 2008, and provided a vital a103 million credit line to fund the KME's capital investments and future international acquisitions.
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