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Gazprom Space System – ECA financing
02 March 2011
Reaching new heights for Gazprom
This transaction is led by a consortium of three export finance banks – BNP Paribas, Citi and Crédit Agricole CIB – and is one of the most visible transactions in the Russian market in 2010, financing the first ever completely non-Russian satellite to be sold to a Russian company. This is a landmark deal for the borrower, Gazprom Space Systems; the exporter, Thales Alenia Space and for the lenders.
As the borrower is part of Gazprom, one of the most strategic Russian institutions, the financing of foreign-made...
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