OREANDA-NEWS  On 21 November was announced, that the Open Joint Stock Company "Raiffeisen Bank Aval" repaid a 364-day Syndicated Term Loan Facility in the amount of USD  200 mn on 17 November 2008. The Bank of Tokyo Mitsubishi UFJ, Ltd ("BTMU"), Bayerische Landesbank ("BayernLB"), HSBC Bank plc ("HSBC") and Intesa Sanpaolo S.p.A. ("Intesa Sanpaolo") were the Bookrunners and the Mandated Lead Arrangers of the loan. Bayerische Landesbank was acting as the Facility Agent.

"In spite of the financial crisis, our Bank confirms its financial stability for the foreign and local counterparts", said Gerhard Boesch, Deputy CEO of Raiffeisen Bank Aval. "Our funding plan for 2008 has been successfully executed", he added.