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Another ‘year of the club’ in 2011?

Sberbank’s $2bn three year loan — the largest syndicated loan for a Russian bank — has had a lacklustre retail response during syndication, bankers report. The deal, set to be signed next week, had 14 banks at the top level. Syndications in the CEE have proved more damp squib than slow burn and as 2010 draws to a close loans bankers hope 2011 will prompt a retail revival. Read EuroWeek on Friday for more.

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