Deutsche Bank London, RZB and Bank Austria Creditanstalt, together with Bayerische Hypo- und Vereinsbank (both members of UniCredit Group), have executed a two-year (plus extension option) US$100mn syndicated term loan facility for Nurbank in Kazakhstan.
The proceeds will be used to finance specific trade finance transactions of select clients.
The margin is 1.65% per year.
Fees are 60, 45, 35 and 30bp flat.
Bank commitments are:
MLAs – RZB (US$17mn); Deutsche Bank London and UniCredit Group (US$15mn each)
Arrangers – ABN AMRO and Citigroup (US$10mn each)
Co-arrangers – Commerzbank (US$9.5mn); Doha Bank (US$7.5mn)
Lead manager – Parex banka (US$5mn)
Managers – Bre Bank, LRP Landesbank Rheinland-Pfalz, and VakifBank International (US$3mn)
Participant – Nova Ljubljanska banka (US$2mn)
