OREANDA-NEWS. August 18, 2011. CREDIT BANK OF MOSCOW fully repaid a USD 30 mln 3-year A loan raised under A/B structured syndicated loan facility organized by the European Bank for Reconstruction and Development (EBRD), reported the press-centre of CREDIT BANK OF MOSCOW.

The syndicated loan in the total amount of USD 100 mln was raised in August 2008 and consisted of a USD 30 mln 3-year A loan, a USD 29.5 mln 1.5-year B1 loan and B2 loan in the amount of USD 40.5 mln granted for a one-year period.

The EBRD acted as a transaction arranger. Mandated Lead Arrangers of the USD 70 mln B loan were Commerzbank AG, Raiffeisen Zentralbank Osterreich, Unicredit and Wachovia.

In August 2009 CBM repaid a USD 40.5 mln B2 loan and B1 loan in the amount of USD 29.5 mln was fully repaid in February 2010.

Thus, the obligations of CBM were fulfilled in full and in due time.