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Nadra Bank Attracts USD 114 mln Syndicated Loan

Nadra Bank Attracts USD 114 mln Syndicated Loan

28 November 2008

Nadra Bank, Ukraine’s ninth largest bank in terms of assets, signed an agreement on November 24 to attract its second syndicated loan at a rate of LIBOR+2.15% for one year, with the possibility of an extension. In September, the bank paid off its prior USD 32 mln syndicated loan with a rate of LIBOR+3.4%, which it placed in September 2005.

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