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Sovcombank Raises USD 200m Syndicated Loan

Sep 26, 2019 - PR Newswire

PR Newswire

PJSC Sovcombank announced the signing of the debut syndicated facility agreement with a group of international banks in the amount of USD 200 000 000  with one year maturity. The loan will be used for trade related and general corporate purposes and bears interest rate of 3m Libor + 1.7% p.a.

Citibank N.A., London branch, OOO HSBC Bank (RR), ING Bank, PJSC ROSBANK and Commerzbank AG acted as Mandated Lead Arrangers.

ING Bank N.V. acts as coordinator and fac...