London, June 15, 2006

US$ 60mn Syndicated Trade Related Term Loan Facility for Joint-Stock Commercial Industrial & Investment Bank "Prominvestbank", Ukraine arranged by Deutsche Bank and ING signs


Joint-Stock Commercial Industrial & Investment Bank "Prominvestbank", Ukraine is pleased to announce the signing of its US$ 60mn syndicated trade related loan arranged by Deutsche Bank AG, London Branch ("Deutsche Bank") and ING Wholesale Banking ("ING").

The Facility's has a one-year tenor with a one-year extension option, and carries a margin of 320bp. The proceeds are to be used to finance select import and export contracts of the Bank. Following a substantial oversubscription, the deal was increased from the launch amount of USD 25m, and represents the largest to date facility raised by Prominvest in the international loan market.

Prominvestbank is a universal commercial bank created in 1992, and ranking as Ukraine's 3rd largest bank in terms of total assets (c. USD 2,874 million) as of 31 December 2005.

   
For further information, please call:

Deutsche Bank

Ben Dobson 
Corporate and Investment Bank (+44 20) 7545 8572
Boris Jaquet   
Corporate and Investment Bank (+44 20) 7545 7937

 

ING Bank N.V.

Jana Petkova
Syndicated Finance (Origination) (+44 20) 7767 5216
Charlotte Howell
Syndicated Finance (Distribution) (+44 20) 7767 5169




About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private client franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,035 billion in assets and 64,103 employees, Deutsche Bank offers unparalleled financial services in 73 countries throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
 


About ING Bank NV

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in 60 countries. With a diverse workforce of over 115,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.
ING Wholesale Banking has created a strong base in Europe and a presence in over 40 countries worldwide - underpinning our commitment to serve our clients wherever their business needs take them. Our 18,000 employees work daily to satisfy a broad clients base: corporates, institutions and governments.




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