12 January 2007
Bank Vozrozhdenie has mandated UniCredit Group (acting through Bank Austria Creditanstalt AG, “UniCredit”) and Landesbank Berlin AG (“LBB”) as Mandated Lead Arrangers, to arrange a USD 50,000,000 trade related syndicated term loan facility on its behalf.
Senior syndication will be launched next week. The proceeds from this transaction will be used to refinance export-import related transactions of the Vozrozhdenie’s customers.
Key parameters of the Facility:
Tenor: 364 days (extendable for another 364 days at lender’s discretion).
Margin: 1.80% p.a.
Purpose: Trade related.