23 april 2007USD 325 million Syndicated Term Loan Facility for UkreximbankUSD 325 million Syndicated Term Loan Facility for Joint Stock Company The State Export-Import Bank of Ukraine is the largest syndicated loan for a Ukrainian bank.
Facility has a tenor of one year with possibility of further extension for another year.
Deutsche Bank AG London and Standard Bank Plc acted as Mandated Lead Arrangers or Bookrunners. Standard Bank Plc acted as Facility Agent.
Facility margin of 0.80pct p.a. over LIBOR, representing the best pricing for a Ukrainian bank, has established new benchmark for further syndications for Ukrainian banks.
The very positive response from the market and the deal oversubscription by 239% has witnessed investors’ confidence in Ukreximbank, now a regular actor of international capital markets. Over 40 banks participated in the syndication.
Mandated Lead Arrangers:
Deutsche Bank AG London
Standard Bank Plc
Lead Arrangers:
Commercial Bank of Kuwait S.A.K
Barclays Bank PLC
Arrangers:
Burgan Bank
Wachovia Bank, National Association
Lead Managers:
Al Ahli Bank of Kuwait K.S.C.
AMERICAN EXPRESS BANK LTD
Banco Bilbao Vizcaya Argentaria S.A.
BTMU (Europe) Limited
UBS AG
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