Credit Bank of Moscow to launch syndication

Moscow
By Bianca Boorer
09 Mar 2017

Russia is continuing to open its doors to international lenders, with Credit Bank of Moscow seeking to launch a syndicated loan of $350m-$400m.

The Russian lender sent out a request for proposals (RFP) two weeks ago to its relationship banks for the financing, which has a maturity of one year and a bullet repayment.

A banker looking at the deal predicted this amount will increase as the deal has been oversubscribed.

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