ABN Amro and Deutsche Bank AG, London, as mandated lead arrangers and bookrunners, have announced the recent launch of syndication of a one-year US$150mn syndicated term loan facility for JSC Russian Standard Bank (RSB).

The funds will be used, in part, to refinance the current US$122.5mn loan signed in July 2005.

The margin is 1% per year.

Arranger have been offered tickets of US$10mn at 60bp flat; co-arrangers US$7.5mn at 55bp; lead managers US$5mn at 50bp; and managers US$3mn at 45bp.

Select relationship banks have also been invited to consider positions as mandated lead arrangers.