Last Updated March 27, 2008
Nomos Bank in Russia has returned to the syndications market with a US$80mn one-year trade-related syndicated term loan facility. It has mandated RZB and Standard Bank to lead arrange the transaction.
The financing is being raised to support designated Russian gold producers. Syndication was launched in March 25, and commitments are due on or before April 15, 2008.
The transaction carries an optional one-year extension, and pays a margin of 155 basis points per year.
This facility is the 13th international syndicated loan arranged on behalf of Nomos Bank.
Reader Comments