Related News

Deutsche Bank AG London has been solely mandated to arrange a US$100mn syndicated term loan facility for Donau-Bank, Vienna. The proceeds will be used for general corporate financing purposes including the provision of core clients of Donau Bank with trade-related finance. Donau is an Austrian-registered bank owned by Vneshtorgbank (85%) and the Central Bank of the Russian Federation (15%).
Deutsche will shortly launch the senior phase syndication, which will be targeted primarily at Donau-Bank’s existing relationship banks as well as to a select group of banks active in the Russian market.
The three-year loan is priced at 0.90% per year.