Raiffeisen Bank Aval attracts USD 200 mln syndicated loan
25 July 2008
Raiffeisen Bank Aval (BAVL: BUY) announced yesterday it has signed an agreement to receive a USD 200 mln syndicated loan. The loan will have two tranches: (1) for USD 116.5 mln at LIBOR+1.5%; (2) for USD 83.5 mln at LIBOR+1%. Bayerische Landesbank, Bank of Tokyo Mitsubishi UFJ, HSBC Bank and Standard Bank will lead manage the loan. In May Raiffeisen Bank Aval said it is considering the attraction of a USD 100 mln syndicated loan.
