SC Russian Standard Bank (RSB) has signed a US$202.5mn one-year syndicated term loan facility arranged by ABN Amro Bank and Deutsche Bank AG, London.

Syndication of the facility, which was joined by 19 banks and will be used, in part, to refinance the current US$122.5mn loan signed in July 2005, was highly successful, being launched at US$150mn, and heavily oversubscribed.

ABN Amro and Deutsche Bank AG, London are mandated lead arrangers and bookrunners.

Mandated lead arrangers are: Abu Dhabi Commercial Bank; State Bank of India London; Credit Suisse International; Alpha Bank; HSBC Bank; and National Bank of Egypt (UK).

RZB is an arranger, while Bayerische Hypo- und Vereinsbank is a co-arranger.

Lead managers are: Commercial Bank of Qatar; Emirates Bank International; Commerzbank; Moscow Narodny Bank, Singapore; and Wachovia Bank.

National City Bank, Taiwan Business Bank Hong Kong, and ZAO Banca Intesa are managers.

Bank of Overseas Chinese is a participant.

The margin is 1% per year.