Deutsche Bank AG London (“Deutsche Bank”) and Standard Bank Plc (“Standard Bank”) (together, the “Mandated Lead Arrangers”) have been jointly mandated to arrange a US$100mn Syndicated Term Loan Facility for JSC The State Export-Import Bank of Ukraine (“Ukreximbank”). The loan has a one year maturity and pays a margin of 80 bps pa. The transaction represents Ukreximbank’s first syndicated loan since 2003.
The Mandated Lead Arrangers will shortly launch the syndication.
For further information, please call:
Corporate and Investment Bank (+44 20) 7545 8572
Corporate and Investment Bank (+49 69) 910 33864
Press and media relations (+44 20) 7547 1605
Debt Capital Markets (+44 20) 7815 4046
Account Executive (+44 20) 7815 4018
Regional Origination (+420) 222 51 9893
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With EUR 1,128bn in assets and 68,849 employees in 73 countries, Deutsche Bank offers unparalleled financial services 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 Standard Bank
The Standard Bank Group is the largest South African banking group ranked by assets and earnings. The Group had total assets of over R940 billion (approximately US$131 billion) as at 30 June 2006 and employees more than 45 000 people worldwide. The group has a wide representation which spans 18 African countries and 21 countries outside of Africa with an emerging markets focus.
Standard Bank Corporate and Investment Banking division provides commercial and investment banking services to larger corporates, financial institutions, governments, parastatals and international counterparties. With its South African heritage, the Standard Bank Group has particular expertise in natural resources and debt and currency products.
About JSC “UKREXIMBANK”
JSC “Ukreximbank” is 100% state owned and is one of the largest and most profitable bank in Ukraine. Since its foundation the Bank is the sole Financial Agent of the Government. JSC “Ukreximbank” is a leading provider of finance for Ukrainian import and exporting corporates and renders a full range of banking services to its more than 500 thousand clients. JSC “Ukreximbank” has a long term credit ratings of BB- from Fitch and B2 from Moody’s both with a positive outlook.
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