VTB and UniCredit Group (acting through Bank Austria Creditanstalt AG and International Moscow Bank) (the Mandated Lead Arrangers and Bookrunners) and a consortium of lenders have signed into a USD 25 mio trade related syndicated term loan facility for Sviaz-Bank.
The loan has a maturity of 12 months and pays a margin of 3.25% p.a.
The following banks have joined the Facility: GarantiBank International N.V.; International Assets Holding Corporation (Co-Arrangers); JSC "Bank CenterCredit", Almaty; Icebank, Iceland (Lead Managers); BANCA UBAE SPA; Bank TuranAlem, Almaty; Finansbank (Holland) N.V.; AP Anlage & Privatbank AG; Yapi Kredi Bank Moscow and ATF Bank OJSC, Almaty (Managers).
Sviaz-Bank (the Bank) was founded in 1991 and is one of the TOP-30 largest Russian banks according to the Central Bank of Russia and TOP-100 largest CIS banks in terms of assets and shareholders' equity.
Sviaz-Bank is rated B2/ NP with E+ financial strength rating and stable outlook by Moody's. The Bank also has Baa1.ru long-term national scale credit rating from Moody's Interfax Rating Agency.