Finance & Credit Bank to Attract USD 70 mln in Syndicated Loan

27 February 2008

Finance & Credit Bank will attract a USD 70 mln syndicated loan at LIBOR+1.95%, reported Interfax. The lead managers of the loan are Raiffeisen Zentralbank, Standard Bank and VTB. In January, Finance & Credit Bank announced its plans to conduct IPO on AIM LSE in 2008-09.

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