HSH Nordbank as mandated lead arranger has signed a three-year €21mn syndicated term loan facility for Slovenia’sProbanka in Maribor. The transaction, which was arranged on a best efforts basis, will be used for general funding purposes.


The transaction was well received by the market and the final facility amount was been increased from the launch amount of €15mn to €21mn.


Arranger is RZB, while co-arrangers are Baden-Wurttembergische Bank, Landesbank Saar, and Magyar Kulkereskedelmi Bank. Banca Nazionale del Lavoro is lead manager. There will be a single bullet repayment. The margin is 55bp over Euribor.


Probanka was established in 1991 and focuses on providing SME business with commercial and investment banking services from its countrywide network of offices in the major cities of Slovenia. Probanka has total assets in excess of €450mo and is the 10th largest Slovenian bank.