Belagroprombank Repaid Syndicated Loan Amounted to USD 43 500 000
OREANDA-NEWS. December 03, 2010. Belagroprombank fully and in a timely manner redeemed the Syndicated Loan in the amount of US D 43 500 000, raised in November 2009, reported the press-centre of Belagroprombank.
The Loan was provided to Belagroprombank by a syndicate comprising geographically diversified group of the leading European and Russian financial institutions.
It was the first and unique syndicated loan effected in the Belarussian banking sector in 2009.
With the scheduled repayment of the principal and interest Belagroprombank has once again demonstrated its status of a reliable borrower on the international financial markets as well as its solid and stable financial position.
Belagroprombank appreciates the co-operation of all the participants of the syndicated loan and expresses hope for further fruitful work and execution of new joint projects.
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