Solway Investment Group Ltd., a private equity investor headquartered in Cyprus, is seeking a $125 million pre-export finance facility for 3 1/2 years, according to a statement from lenders.
Banks were asked to respond with commitments in the next few weeks at a meeting in London yesterday, according to one person with knowledge of the matter, who asked not to be identified because the discussions are private.
BNP Paribas SA and Natixis are mandated lead arrangers and bookrunners and the facility will be used for general corporate purposes, the lenders said.
Solway comprises diversified companies with core activities in mining, non-ferrous metals, chemicals, cement and real estate, according to the company’s website. Its main businesses are located in Russia and the Commonwealth of Independent States, central and eastern Europe, Central America and south east Asia.
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