ZAO Raiffeisenbank Austria, Moscow has signed a US$180mn syndicated term loan through mandated lead arrangers Deutsche Bank AG London, Sumitomo Mitsui Banking Corporation Europe and WestLB AG, London.

The facility, which was initially launched at US$100mn, was increased due to successful senior and general syndication phases. The year loan benefits from a letter of comfort from RZB Vienna.

The margin in the first year is 1.35% per year and for the final year 2.35%.

The loan is a landmark transaction given the size and tenor. In addition there is a large syndicate of 19 lenders made up from a diverse range of banks.

Senior lead arrangers are Commerzbank (Eurasija), Erste Bank, HSH Nordbank, WGZ-Bank.

Arrangers are Raiffeisenlandesbank Oberusterreich, Mizuho Corporate Bank, Mashreqbank, Garantibank International.

Co-arrangers are American Express and Landesbank Baden-Wurttemberg, London.

Senior lead managers are Ahli United Bank (UK), Alpha Bank, London and Wachovia Bank.

Managers are Sparisjypabanki Islands HF – Icebank, Arab Bank and State Bank of India, Frankfurt.

Deutsche and WestLB were joint bookrunners, whilst SMBCE is facility and documentation agent.