VTB secures largest loan for a Russian bank since 1998

29 Nov 2002

Arrangers Citigroup/SSSB and Deutsche Bank signed banks into the $100m dual-tranche term loan for Vneshtorgbank yesterday (Thursday). The deal was oversubscribed and increased to $240m at signing.

This makes the deal the largest unsecured loan for a financial institution in Russia, post the 1998 crisis.

It ...

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