OREANDA-NEWS. February 03, 2012. Raiffeisenbank together with Raiffeisen Bank International AG ("RBI Group"), UniCredit Corporate & Investment Banking and Royal Bank of Scotland (coordinator of the deal) as mandated lead arrangers and bookrunners arranged a senior secured long-term loan to Milkiland N.V. Raiffeisen Bank International AG also acts as Agent and Security Agent, reported the press-centre of Raiffeisenbank.

The proceeds of a 4-year USD 100 ml syndicated facility are to be used for refinancing of existing loans of Milkiland Group and general corporate purposes.

Oksana Panchenko, Board Member, Head of Corporate Banking and Corporate Finance Directorate of  Raiffeisenbak, notes that "this is another benchmark syndicated deal in the Russian market due to its cross-border nature".

Milkiland is a TOP-5 diversified dairy producer operating in Russia and Ukraine offering a wide range of dairy products such as fresh dairy, cheese, and butter, to satisfy consumers in their everyday needs for healthy and tasty foods.

In Russia, the company produces fresh dairy products at Moscow-based OJSC "Ostankino Dairy" and sells under Ostankinskaya brand. Also, Dobryana Ukrainian cheese is sold in many Russian cities, including Moscow, St. Petersburg, Voronezh, Nizhniy Novgorod, Saratov, Kaluga, Chelyabinsk, Orel, Ekaterinburg, Omsk, and Kaliningrad.

In Ukraine, the company controls 10 plants producing wide range of dairy products. Its cheese, fresh dairy products and butter are widely available across all Ukrainian cities under brands Dobryana and Kolyada. Milkiland exports dairy products from Ukraine to over 30 countries.

The revenue of the company in the year 2010 was EUR 258 mn, net profit EUR 22 mn.

Milkiland N.V. is a Dutch holding company controlling the Group. DE "Milkiland Ukraine" is its 100% subsidiary controlling the business of the Group in Ukraine. Shares of Milkiland N.V. have been listed on the Warsaw Stock Exchange since December, 6, 2010.