BIN Bank
BIN Bank: B&N Bank has drawn a syndicated loan amounted to $50m
BIN Bank / Key word(s): Miscellaneous
B&N Bank has drawn a syndicated loan amounted to $50m B&N Bank has signed a Facility Agreement in relation to a syndicated trade-related term loan facility amounted to $50m. OJSC 'ALFA-BANK', Raiffeisen Bank International AG, ZAO Raiffeisenbank, JSC VTB Bank and VTB Bank (Deutschland) AG (acting as Facility Agent) acted as Mandated Lead Arrangers ('MLAs') under the Facility. The Facility with bullet repayment at maturity has a tenor of 364 days. Interest rate on the Facility is LIBOR+4% p.a. The proceeds of the Facility will be used for financing and refinancing of the trade related projects of the Bank's customers. Should you have any questions, please do not hesitate to contact Julia Evdokimova, Investor Relations, tel: + 7 (495) 755 50 60 (ext.(9)2121), e-mail: jevdokimova@msk.binbank.ru For any latest news and developments on B&N Bank you can also refer to our web site www.binbank.ru. End of Corporate News 14.09.2011 Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. EquityStory.RS, LLC’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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