Loans.Cbonds : Sberbank mandates arrangers for $1.2bn syndicated loan

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	Sberbank mandates arrangers for $1.2bn syndicated loan

04.09.2008 - Prime-Tass

Sberbank mandates arrangers for $1.2bn syndicated loan

Sberbank has mandated the following banks to arrange a $1.2bn syndicated loan:

ABN AMRO Bank N.V., The Bank of Tokyo-Mitsubishi UFJ, Ltd. /BTMU/, Barclays Capital, Barclays Bank PLC /Barclays Capital/, BNP Paribas, Deutsche Bank AG London Branch, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main; ING Bank N.V., Intesa Sanpaolo Bank Ireland plc, J.P. Morgan plc, Sumitomo Mitsui Banking Corporation Europe Limited /SMBCE/, Bank Austria Creditanstalt AG and Bayerische Hypo- und Vereinsbank AG, acting together under the name UniCredit Markets & Investment Banking /UniCredit/ and WestLB AG London Branch /WestLB/.

The loan will be launch into syndication shortly. The loan has a 3 year tenor and pays 85bp over Libor.

The proceeds will be used for general corporate purposes.

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

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