Troika repays as Russian refi crunch drags on
Troika Dialog became the latest Russian bank borrower to avoid a refinancing this week, opting instead to repay a $130m syndicated loan maturing this month.
The deal was signed in July last year, and ING and Standard Bank were bookrunners while HSBC was a mandated lead arranger. Citigroup, Commerzbank, Dresdner Kleinwort, JPMorgan and Nomura were co-arrangers, and BNP Paribas, Deutsche Bank, Hypo Alpe-Adria Bank and RZB were lead managers.The transaction, which paid ...
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