Khreschatyk Bank Attracts USD 30 mln Syndicated Loan
11 June 2008
Khreschatyk Bank (BXRK) drew a USD 30 mln one-year syndicated loan at LIBOR +2.55%. Standard Bank and WestLB organized the deal. Khreschatyk Bank is Ukraine’s 22nd largest bank in terms of assets. The has also announced its intention to attract USD 200-250 mln on foreign markets by the end of 2007. Later this year in September-October, Khreschatyk Bank intends to make a debut release of USD-denominated three-year mortgage bonds for USD 25 mln (UAH 100 mln).
