OREANDA-NEWS. On 02 June 2008 BANK URALSIB announced, that it has mandated BayernLB, Credit Suisse, Emirates NBD, ING Bank and National Bank of Oman to arrange a \\$US150 mln syndicated loan facility.

The loan with an interest rate of 1.0% over LIBOR will have a one-year tenor (364 days) and the proceeds from the loan will be used to finance trade contracts of URALSIB’s corporate customers. The deal is launched at \\$US150 mln.

The Bank expects that the powerful MLA group will attract the substantial number of banks from different world regions into the syndicate.