TransCreditBank Raised a USD 87.5 mln Syndicated Facility
OREANDA-NEWS. October 19, 2007. The mandated lead-arrangers and bookrunners – BNP Paribas, Commerzbank and Standard bank. The lenders are BNP Paribas, Commerzbank, Standard Bank, Morgan Stanley, JP Morgan Chase, ABN AMRO, Citibank and United Taiwan Bank.
The syndicated loan was raised for general corporate purposes, including financing of the Bank’s leasing business and foreign trade operations of its corporate customers.
S.N.Pushkin, President of JSC TransCreditBank: “The deal points to high credit of the Bank with leading international partner banks allowing to raise funds at adequate cost and maturity even in volatile international markets”.
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