Sberbank readies market tap for $1.2bn done on best-efforts basis

15 Aug 2008

Russia's state-owned Sberbank is putting together the mandate on its latest loan, which should total $1.2bn instead of $1bn as first reported. Twelve banks are lining up to do the deal, although not all have received credit approval yet.

The facility will be done on a best efforts basis ...

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