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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 name
    JSC Financial corporation Uralsib
  • Registration country
    Russia
  • Industry
    Other Financial Institutions