VTB, Standard Bank Plc and Fortis Bank have acted as mandated lead arrangers for a US$55mn syndicated term loan facility for First Ukrainian International Bank. The transaction is an extension and increase of the syndicated loan signed by FUIB in December 2005 for US$40mn.


The extension has a maturity of 12 months. The margin is reduced from 3.50% per year to 2.40%.


The following banks have joined the facility: London Forfaiting Company as arranger; International Moscow Bank, Anglo-Romanian Bank, Alpha Bank London, Bank of New York, Erste Bank, Finansbank (Holland) as lead managers; Wachovia Bank, Banque BIA, Bre Bank, Landesbank Berlin and Nova Ljubljanska banka as managers.