Lenders set to bite into Transilvania

Syndication of Banco Transilvania’s Eu130m loan was launched on Friday. The loan has an ‘A/B’ structure, and is led by the International Finance Corp (IFC). IFC is providing a dual tranche ‘A’ loan of up to Eu30m. It is split equally into seven year and 10 year tenors. The Eu100m ‘B’ loan has a three year tenor, with a 125bp margin.