The transaction was already oversubscribed at the senior syndication phase, and was launched into general syndication in February 2014. “The success of this inaugural transaction highlights the excellent relationships and trust that Sberbank Europe enjoys with financial institutions all over the world”, Sberbank Europe CEO Mark Arnold stated. “The loan will support our growth strategy and serve to refinance our growing corporate loan portfolio.”
Credits on the investment go to Bank of America Merrill Lynch, Barclays Bank PLC, Citi, Commerzbank Aktiengesellschaft, HSBC Bank plc, ING Bank N.V., J.P. Morgan Limited, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and UniCredit Bank Austria AG acted as mandated lead arrangers/bookrunners; Société Generale as lead arranger; BNP Paribas as co-arranger; Credit Suisse AG, Deutsche Bank Luxembourg S.A., Sberbank of Russia and UBS Limited joined as lead managers; Barclays Bank PLC, Commerzbank Aktiengesellschaft and ING Bank N.V. as joint coordinators; Barclays Bank PLC as documentation agent; ING Bank N.V. as publicity agent.
Commerzbank Aktiengesellschaft Filiale Luxemburg will serve as facility agent.
Sberbank Europe AG currently operates a combined 280 branches in eight countries (Hungary, Bosnia & Herzegovian, Croatia, the Czech Republic, Serbia, Slovakia, Slovenia, Ukraine) and employees 4,500.
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