VTB, Alpha Bank, Fortis Bank S.A./ N.V. and WestLB AG, London Branch (the Mandated Lead Arrangers) and a consortium of lenders have signed into a USD 70 mio Syndicated term loan facility for OJSC "Kreditprombank". Due to a significant oversubscription the loan was upped from the initial amount of USD 30 mln.
The loan bears a margin of 2,35% p.a. and has maturity of 364 days with an extension option for further 364 days.
The following banks have joined the Facility: VTB Europe Plc; HSBC Bank Plc (Arrangers); Anglo-Romanian Bank Limited; GarantiBank International NV (Co-Arrangers); Bank of India; Banque BIA; International Moscow Bank; Finansbank (Holland) NV and Hypo Alpe Adria Bank (Lead Managers).