Monday 26, May 2008 by

$150 Million, 364 day, trade related syndicated term loan facility for Bank UralSib

Bank UralSib from Russia has mandated Bayerische Landesbank (BayernLB), Credit Suisse, Emirates NBD, ING and National Bank of Oman to arrange a $150 million trade related, syndicated term loan facility.The facility pays a margin of 1 per cent per annum and has a maturity of 364 days. The proceeds of the facility will be utilised by the borrower to finance trade-related transactions of its clients.

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