Rus News Journal

OTP the Bank has extinguished $63 million syndicated credit

Today, on September, 24th, it became known that entering into group of the largest OTP the Bank has extinguished $63 million syndicated credit for $100 million
According to the agreement on attraction dvutranshevogo the syndicated credit for a total sum of $100 million bank has extinguished a tranche And at a rate of $63 million - it is told in the message.

the agreement on attraction dvutranshevogo the syndicated credit has been signed by bank in September, 2008. As the authorised leading organizers of the transaction have acted Raiffeisen Zentralbank Osterreich Aktiengesellschaft (Austria) and Bayerische Landesbank (Germany).

Means on a tranche And have been given for a period of one year, the interest rate was defined as rate LIBOR + 1,25 % annual. The second tranche - tranche B has been given bank for a period of two years and has the interest rate at a rate of rate LIBOR + 1,65 % annual.

the Involved means are used in the general corporate purposes of bank, and also for financing of trading operations of clients of bank.

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