OREANDA-NEWS. May 07, 2013. Sviaz-Bank acted as one of the lead managers of a syndicated loan of 20million euros to be raised for Alfa-Bank, Belarus, for a period of six months, with an extension option for another six months.

The loan was made at an interest rate of Euribor (3m)+5.25% per annum, a new market benchmark for commercial banks in the Republic of Belarus.

The other co-lead managers of the loan were Alfa-Bank, Russia (loan book runner), AKA Ausfuhrkredit-Gesellschaft m.b.h., Germany (loan agent bank), Joint-Stock Commercial Bank Novikombank, Russia, Amsterdam Trade Bank N.V., The Netherlands, Sviaz-Bank Joint-Stock Commercial Bank, OJSC, Russia, and Russian Slavyansky Bank (Commercial Bank, CJSC). Trasta Komercbanka Joint-Stock Company, Latvia, joined the syndicate as a lead manager.