OREANDA-NEWS. URALSIB Bank today mandated Bank of Tokyo-Mitsubishi UFJ, Commerzbank, Dresdner Kleinwort, Raiffeisen Zentralbank, and SMBC Europe to jointly arrange the 18 months Syndicated Loan.

The Facility will be launched at USD 200,000,000 and pay the margin of 70 bps over Libor. This will be the first Syndicated Facility raised by URALSIB for a tenor over 12 months, which reflects the Bank's growing creditworthiness as well as continuing improvement of the market for the Russian borrowers.

It will be the third Syndicated Loan raised by the Bank in 2006. The new deal will further strengthen URALSIB's profile in the international market.