Loans.Cbonds : Sberbank raising $1bn syndicated loan at LIBOR + 85bp

MAIN
NEWS
LOANS
MARKET INDICATORS
LEAGUE TABLES
CBONDS PAGES
GUIDE
NEWSLETTERS
ABOUT US
ACCESS TO THE SITE


	Sberbank raising $1bn syndicated loan at LIBOR + 85bp

03.09.2008 - Vedomosti

Sberbank raising $1bn syndicated loan at LIBOR + 85bp

Sberbank is raising a $1bn syndicated loan at LIBOR + 85bp, according to representatives of arrangers. The all-in arte will be closed to Libor+200bp, according to a banker close to the deal. The loan is being arranged by Bank of Tokyo-Mitsubishi, Barclays, Deutsche Bank, DZ Bank, ING, J. P. Morgan and SMCE. The syndicate now comprises 12 banks, mandates were signed yesterday. The loan is to be funded in early October.

Issuer profile: Sberbank (Savings Bank of the Russian Federation) Sberbank (Savings Bank of the Russian Federation) was founded as an open joint- stock company. The Central Bank of the Russian Federation (CBR) is the principal shareholder (60.6%). The rest of the shares dispersed among over 230 thousand companies and individuals. Sberbank was registered on June 20, 1991 at the Central Bank of the Russian Federaton. Registration # 1481.

Outstanding issues:
4 issue(s) outstanding worth USD 2 750 000 000

Issuer's rating:

Moody's	Baa1/Positive	Int. Scale (foreign curr)	07/16/2008
Fitch Ratings	BBB+/Negative	Int. Scale (foreign curr.)	11/10/2008
Moody's Interfax Rating Agency	Aaa.ru	National Scale (Russia)	05/04/2007
National Rating Agency	AAA	National scale (Russia)	07/01/2007

Back