Vnesheconombank Raises a Syndicated Loan worth 800 Million US Dollars

State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ signed an agreement with a number of leading financial institutions of Europe, America and Asia on raising a syndicated loan worth 800 million US dollars. The credit’s tenure is 3 years. A credit rate is 6m LIBOR+1.4% per annum.

The credit’s parameters are all-time low for the Russian syndicated loans market in the current year. The successful closing of the transaction testifies to main partner banks’ great trust in Vnesheconombank

The Bank of Tokyo-Mitsubishi UFG Ltd, Barclays Bank PLC, BNP Paribas, Citibank N.A., London Branch, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG, London Branch, HSBC Bank plc, ING Bank N.V., J.P. Morgan Limited, Mizuho Corporate Bank Ltd. В сделке также приняли участие Société Générale и Sumitomo Mitsui Banking Corporation. Координатором и платежным агентом синдицированного кредита является The Bank of Tokyo-Mitsubishi UFG ltd.

Press Office of Vnesheconombank
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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