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VTB acted as Mandated Lead Arranger for USD 70 mio Syndicated term loan facility for OJSC "Kreditprombank".

 
26 December 2006

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).


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