NEW - Russian Ursa Bank's deal to test appetite for second tier FIs

A NEW $50M loan for Ursa Bank, Russia’s 15th biggest bank, has been launched into syndication by mandated lead arrangers and bookrunners Calyon, ICICI Bank, ING and RZB — and the borrower is, like other Russian financial institutions which came to market before it this year, paying a premium compared to its last facility.