Promsvyazbank approaches market full up with Russian FIs
Russia’s Promsvyazbank has sent lenders a request for proposals for a $250m-$300m one year trade finance loan. But lenders may be reaching country limits for Russian FIs, said bankers.
Promsvyazbank is one of several private Russian FIs approaching the loan market. Gazprombank is lining up banks for its $1bn three year deal.
Meanwhile, Uralsib has a $100m three year loan in syndication and UniCredit Moscow is close to wrapping up its 300m three year loan (see story
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