Kazakhstan

Kazakhstan

A total of 28 banks committed to Nurbank's $135m two year loan in addition to bookrunners Deutsche Bank and RZB. The loan, which was increased from $65m after raising an oversubscription in syndication, pays a margin of 195bp over Libor.

The two mandated lead arrangers each committed $8m for a fee of 70bp.

The arrangers also received a 70bp fee: HSBC committed $10m, Anglo-Romanian Bank $9m, and ABN Amro, Demir-Halk Bank (Nederland) and WestLB $7.5m each.

Co-arrangers lending $5m for a 55bp fee are Bank of New York, Doha Bank, Dresdner Bank, ING, Mashreqbank, Natexis Banques Populaires, National Bank of Egypt, National City Bank and Wachovia Bank.

Lead managers lending $3m for 35bp are Bankgesellschaft Berlin, BRE Bank, Export-Import Bank of the Republic of China, Hypo Alpe-Adria-Bank, Parex banka and Sanpaolo IMI.

Bank Sepah, GarantiBank International, Indover Bank, LRP Landesbank Rheinland-Pfalz, Nova Ljubljanska banka and Persia Bank are managers lending $2m for a 25bp fee.

Participants lending $1m for 15bp are Adria Bank and Israel Discount Bank.

The borrower was last in the market with a $100m 364 day facility arranged by Citigroup and ING. That deal, signed in October 2005, paid a margin of 190bp over Libor.

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