TCB Signed Syndicated Trade Related Loan Facility Agreement
OREANDA-NEWS. On 29 July 2008 was announced, that the Initial Mandated Lead Arrangers and Bookrunners of the Facility were Banco Finantia, S.A., Commerzbank Aktiengesellschaft and VTB Bank (Deutschland) AG. Raiffeisen Zentralbank Österreich AG has joined the Facility as Mandated Lead Arranger prior to the launch of the general syndication. The Facility, which will be used to finance foreign trade contracts of its customers, has a tenor of 364 (+1 year option) days and pays a margin of 2.95% per annum. Syndication was launched on 18th June 2008 at USD 30,000,000 and closed successfully oversubscribed. The amount of the Facility has been increased to USD 70,000,000. A total of 21 banks participated with the following roles:
Initial Mandated Lead Arrangers and Bookrunners:
Banco Finantia SA
Commerzbank AG
VTB Bank (Deutschland) AG
Mandated Lead Arrangers
Raiffeisen Zentralbank Österreich AG
Arrangers
ABN AMRO Bank NV
Credit Europe Bank NV
FBN Bank (UK) Ltd
VTB Bank (France) SA
Co-Arrangers
National Bank of Greece
Lead Managers
AKA Ausfuhrkredit Gesellschaft mbH
Banque BIA
LHB Internationale Handelsbank AG
Sparebanken Ost
UBS AG
Managers
Adria Bank AG
Banque de Commerce et de Placements
BRED Banque Populaire
National City Bank
Parex Bank
JSCB YapiKredi Bank Moscow
YapiKredi Bank Nederland
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