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Credit Agricole CIB to provide EUR 700 million loan to Gazprom

Background

Credit Agricole Corporate & Investment Bank is a corporate and investment subdivision of the Credit Agricole Group, Europe's second-largest banking network in terms of Tier 1 capital, with assets exceeding EUR 1.7 trillion. The Group has offices in 52 countries with a headcount of over 140,000 employees. Credit Agricole CIB is a leader in syndicated lending and an active player in the international debt and equity capital markets.

Credit Agricole CIB's strategic goal in the Russian market is to cooperate with leading Russian and foreign companies.

Credit Agricole CIB is represented in Russia via its subsidiary bank Credit Agricole CIB AO (BBB- rated by Fitch), which was registered in St. Petersburg in 1991.

Credit Agricole has worked with Gazprom since 1995, participating in numerous deals made by the Company with the purpose of attracting corporate and project financing, as well as in its Eurobond issues.

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