Russia's Uralsib regional lease firm to raise $200 mln loan
July 25, 2007 RIA Novosti
Leasing company Uralsib, part of Uralsib financial corporation, said Wednesday it had signed an agreement on a $200 million loan to be syndicated by foreign banks led by Credit Suisse.
The loan, with a maturity of three years, will be syndicated in two parts. The first tranche of $75 million will be disbursed July 25 at a rate of Libor + 3% per annum, and the second part with a rate of Libor + 2.75% per annum will be granted in September, the leasing company said.
"The loan is intended to finance new lease deals worth $800 million planned by Uralsib in 2007," the company said in a statement.
Company — FC URALSIB
Full nameJSC Financial corporation Uralsib
IndustryOther Financial Institutions