Mandated lead arrangers Commerzbank, DZ Bank, Mizuho Corporate Bank, and UniCredit Group are due to close syndication on a Eu250mn syndicated term loan facility on behalf of Raiffeisenbank Austria, Zagreb (RBA Croatia) early this week.

The transaction was launched at the end of last month, and a number of commitments are already in. The facility carries a tenor of three years with a three-year extension option.

MLAs on the deal have fully underwritten the facility amount and will act as bookrunners. Mizuho is the facility and documentation agent.

RBA Croatia is the fourth largest bank in Croatia according to total assets, and is owned by Raiffeisen International Bank – Holding.