The US$150mn syndicated trade-related loan for Halyk Bank of Kazakhstan, arranged by Deutsche Bank and Raiffeisen Zentralbank Österreich AG was signed on July 16. After successful pre-syndication and general syndication phases the facility was heavily oversubscribed and the amount increased from US$100mn to US$150mn. The facility has a one-year tenor with a margin of 2.25% pa and carries an extension option of 12 months at each lender’s discretion. The purpose of the facility is tofinance specific trade transactions.
Halyk had total assets as at
List of participating lenders:
Mandated lead arrangers: Deutsche Bank AG London; Raiffeisen Zentralbank Österreich AG
Lead arrangers: Alpha Bank AE, London branch; HVB Group (Bank Austria Creditanstalt AG and Bayerische Hypo- und Vereinsbank AG); HSH Nordbank AG
Arrangers: American Express Bank GmbH; Commerzbank (Eurasija) SAO; Dresdner Kleinwort Wasserstein; JPMorgan; Wachovia
Co-arrangers: ABN Amro Bank; ING Bank; Rabobank International
Lead managers: Arab Investment Company; Bankgesellschaft Berlin; Citibank, Kazakhstan; Credit Suisse First Boston, Zurich; HSBC Bank, Kazakhstan; Mashreqbank psc; Natexis Banques Populaires; Sumitomo Mitsui Banking Corp Europe; UFJ Bank Limited
Managers: Adria Bank; Bank of Montreal; Bre Bank SA, Warsaw; Israel Discount Bank of New York; GarantiBank International NV; Bank of New York; First International Merchant Bank Plc