Ukrgazbank Attracting USD 20 mln Syndicated Loan
11 December 2008
According to Interfax, Ukrgazbank (UGZB: HOLD) is negotiating the attraction of a one-year USD 20 mln syndicated loan to refinance its previous USD 16 mln debt drawn in December 2006. The organizer of the deal is Standard Bank, which also served in the same capacity for its December 2006 facility. As of November 1, Ukrgazbank is Ukraine’s 15th largest bank in term of assets.
