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22.06.07

Raiffeisenbank (Bulgaria) EAD receives loan over 325 million euros.

Largest syndicated loan to a Bulgarian bank so far

Maturity of twoyears, very competitive pricing at only 20 basis points over Euribor

Strongsign of confidence in Raiffeisenbank Bulgaria and the Bulgarian bankingmarket

Raiffeisenbank (Bulgaria) EAD, a subsidiary of Raiffeisen InternationalBank-Holding AG, has signed a 325 million euros Term Loan Facility today.

The initial mandated lead arrangers were BayernLB, BNP Paribas, ErsteBank der oesterreichischen Sparkassen AG and Mizuho Corporate Bank, whoalso acted as Bookrunners. BayernLB acted as Facility Agent.

Commerzbank Aktiengesellschaft, Deutsche Bank AG, LandesbankBaden-Wuerttemberg Group (Landesbank Baden-Wuerttemberg, London Branchand LRP Landesbank Rheinland-Pfalz) and WGZ Bank AG WestdeutscheGenossenschafts-Zentralbank joined the Facility as Mandated LeadArrangers.

The Facility, which will have a maturity of two years, will be utilisedfor general funding purposes and has a margin of 20 bps over Euribor.

The syndication closed heavily oversubscribed from an initial launchamount of 200 million euros with the support of ten banks in generalsyndication. Based on the tremendous response received from the market,Raiffeisenbank (Bulgaria) EAD decided to increase the facility amount325 million euros.

"The successful conclusion of this landmark transaction for theBulgarian market once again testifies to the confidence of theinternational financial community in Raiffeisenbank and Bulgaria''sbanking sector. It marks by far the largest loan syndication for aBulgarian bank in history", said Momtchil Andreev, CEO and chairman ofthe executive board of Raiffeisenbank (Bulgaria) EAD.

The syndicate is composed of a mix of international banks as shown below:

Initial Mandated Lead Arrangers and Underwriters

BayernLB

BNP PARIBAS

Erste Bank

Mizuho Corporate Bank, Ltd

Mandated Lead Arrangers

Commerzbank Aktiengesellschaft

Deutsche Bank AG

LandesbankBaden-Wuerttemberg, London Branch

LRP Landesbank Rheinland-PfalzMember of LBBW Group

WGZ Bank AG WestdeutscheGenossenschafts-Zentralbank

Lead Arrangers

Intesa Sanpaolo S.p.A.

Kommunalkredit Austria AG

NorddeutscheLandesbank Girozentale Hannover

Lead Managers

American Express Bank GmbH

Anglo Irish Bank Corporation plc

TheBank of Tokyo-Mitsubishi UFJ, Ltd

Zurcher Kantonalbank

Managers

ABN AMRO Bank N.V.

Banca Popolare di Milano

Raiffeisenbank (Bulgaria) EAD, a subsidiary of Raiffeisen InternationalBank-Holding AG, is Bulgaria''s fourth largest bank in terms of totalassets. As of 31 December 2006, its balance-sheet total amounted to 2.4billion euros. It started business in 1994 as the first wholly-ownedsubsidiary of a foreign bank. Raiffeisenbank (Bulgaria) EAD is among themost profitable and efficient financial institutions in the country.

Raiffeisen International operates the largest banking network in CEE. 18markets are covered by subsidiary banks, finance leasing companies andtwo representative offices. Approximately 12.5 million customers areattended to through more than 2,900 business outlets. RaiffeisenInternational is a fully consolidated subsidiary of RaiffeisenZentralbank Osterreich AG (RZB), which owns 70 per cent of the commonstock. The remaining 30 per cent is free float, the shares are traded onthe Vienna Stock Exchange. RZB is a leading corporate and investmentbank in Austria and the central institution of the Austrian RaiffeisenBanking Group, the country''s largest banking group.

For further information please contact Andreas Ecker (+43-1-717 07-1753,andreas.ecker@rzb.at)or Lars Hofer (+43-1-71 707-1930,lars.hofer@ri.co.at).

http://www.ri.co.at,http://www.rzb.at

 

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