Gazprombank close to mandating $1bn loan
Russia’s Gazprombank has identified a group of around 12 banks for its new $1bn three year loan. The bank group for the loan includes several of the lenders that arranged its $900m three year amortising loan in 2010 as well as a handful of new banks, said a loans banker close to the borrower. The mandate has not yet been signed.
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