TRANSKAPITALBANK (TKB) acted as one of the Mandated Lead Arrangers in the syndicated loan transaction amounting to EUR250mln for BELARUSBANK.
The deal was structured as a dual tranche loan with 6 / 12 months tenor. The respective facility documentation was signed on July 15, 2016 during XXI Saint Petersburg International Banking Conference. The loan amount of EUR250mln as well as the quantity of the participants is unprecedented for the debt market in Belarus.
Alfa-Bank and Promsvyazbank also joined this transaction as MLAs among other 17 financial institutions from Russia and the Baltics.
“Arrangement of the syndicated loans for CIS banks is one of our core products within TKB’s FI “Bank for Banks” platform. This is our 8th syndicated loan transaction, in which we participated as MLA, and we can notice that more than EUR1,4bln was injected into the CIS economy due to these deals” – commented Elena Shirinskaya, Deputy Chairman of the Management Board – “BELARUSBANK is one of the most important strategic partners for us in the CIS region. We are sure our fruitful cooperation with BELARUSBANK will be developing further bearing in mind their excellent credit quality and reputation on the market”.