Initial mandated lead arrangers have been chosen for a dual tranche US$660mn syndicated term loan facility supporting Alfa Bank’s trade financing activities. The banks are: Commerzbank, DZ Bank, Emirates Bank International, GarantiBank International, HSBC Bank, ICICI Bank UK, Mega International Commercial Bank, Mizuho Corporate Bank, Natixis, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation Europe (SMBCE)

Tranche A is for12 months (Libor + 40bp), while Tranche B is for 18 months (Libor + 60bp).