A number of banks have signed a credit agreement with Interros, including: ING BANK N.V., RZB Group, JPMORGAN CHASE BANK, N.A. And UBS AG.
Raiffeisen Zentralbank Oesterreich AG and ZAO Raiffeisenbank took part in structurization and organization of the deal.
The loan will be used for the company’s general corporate purposes and optimization of the credit portfolio.
ZAO Raiffeisenbank board member, head of corporate banking & corporate finance directorate Oksana Panchenko commented: «ZAO Raiffeisenbank acted as one of organizers and also one of sources of funding in this transaction. This is good experience for us and marks the next step in the development of the bank’s investment platform».
ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is ranking 9th in terms of assets among the Russian banks based on H1 2010 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 6th in Russia in terms of private deposits and 9th in consumer lending in Russia based on H1 2010 results.
Raiffeisen International operates one of the largest banking networks in CEE, covering 17 markets across the region through subsidiary banks, leasing companies and a range of other financial service providers. The group’s nearly 56,000 employees service around 15 million customers via more than 3,000 business outlets. Raiffeisen International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB), which owns 72.8 per cent of the common stock. The remainder is in free float, with the shares listed on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group.