Transcapitalbank repaid US$ 34 mln. Syndicated Trade Related Term Loan Facility. On November 2006 TCB attracted US$ 54 mln. Syndicated Trade Related Term Loan Facility that was prolonged by 1 year in amount of US$ 34 mln. with the decrease of pricing at LIBOR + 2.6%.
The Mandated Lead Arrangers of the Facility were Commerzbank AG, Raiffeisen Zentralbank Österreich AG and ZAO Raiffeisenbank Austria with Commerzbank International S.A., acting as Facility Agent.
Despite the financial crisis and volatility on financial markets TCB follows to demonstrate the strong positions and confirms a status of a reliable international market borrower.
20.11.2008