OREANDA-NEWS. VTB Bank and Raiffeisen Zentralbank Цsterreich AG acted as arrangers of a USD 32 mln syndicated loan for OJSC CB Svyaz Bank to mature in 12 months at LIBOR + 2.50% annual interest rate. Investors’ bids exceeded the initially planned amount of the loan (USD 30 mln) and reached USD 32 mln.

Alongside the managers, among the syndication members were: OTP Bank Plc (Co-manager), Banco Finantia S.A., VTB Bank (Austria) (Lead-managers), BRE Bank SA, Icebank, JSC “NORVIK BANKA”, LHB Internationale Handelsbank AG (Co-lead managers); Nova Ljubjanska bank d.d., Ljubljana, Raiffeisenlandesbank Karten and Raiffeisenlandesbank Niederosterreich-Wien (Managers).