OREANDA-NEWS. April 04, 2014. Rosbank acted as Mandated Lead Arranger of the syndicated term loan facility for OJSC JSCB 'Absolut Bank' in the amount of USD 90m. OAO “ALFA-BANK”, JSC VTB Bank, Sviaz-Bank and VTB Bank (Deutschland) AG acted as Initial Mandated Lead Arrangers and Bookrunners. Commerzbank AG joined into the deal as the Facility Agent.
 
The 1-year facility bearing an interest rate of LIBOR3M + 3.0% per annum will be used for general corporate purposes of Absolut Bank.

As per facility agreement’s conditions the amount of syndicated loan may be increased by accession of new lenders.