URALSIB Leasing Company Signs a Syndicated Loan Facility of USD 28, 800, 294 with Standard Bank Plc
OREANDA-NEWS. March 21, 2007. URALSIB Leasing Company receives a 2,2 year loan facility worth USD 28, 800, 294 from Standard Bank Plc. Standard Bank Plc and ZAO STANDARD BANK are the main organisers. URALSIB Leasing Company will use the loan to refinance part of its leasing portfolio with one of the biggest Russian transportation companies, reported the press-centre of URALSIB.
"In 2007 the total amount of URALSIB Leasing Company's own loans is expected to reach USD 400,000,000. Most of these facilities will be attracted internationally, - said Elena Gushina, General Director, URALSIB Leasing Company.
URALSIB Leasing Company is part of URALSIB Financial Corporation and one of the largest and most diversified leasing companies in the Russian market. On January 1st, 2007, the Company's assets amounted to USD 760,558,511, net profit in 2006 reached USD 5,877,043. The company's authorized capital amounts to USD 105,325,830.
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