Mandated lead arranger HSH Nordbank has been mandated to arrange a three-year €15mn syndicated term loan facility for Slovenia’s Probanka.

The transaction, which has been arranged on a best efforts basis will be launched into general syndication shortly. The proceeds of the loan will be used for general funding purposes.

The margin is 0.55% over Euribor. Probanka was established in 1991 and focuses on providing SME business with commercial and investment banking services from its countrywide network of offices in the major cities of Slovenia. Probanka has total assets in excess of €450mn and is the 10th largest Slovenian bank.