Belarusbank mandates for trade deal

Belarusbank has mandated BayernLB and Commerzbank as lead arrangers and bookrunners to arranger a US$20mn syndicated term loan facility. General syndication was launched on April 24, 2008.

The deal carries a maturity of 364 days from the date of signing the facility agreement. There is an optional 364-day extension, and it pays a margin of 285 basis points per year. Repayment is due in bullet form.