ING Bank N.V. and Standard Bank Plc as mandated lead arrangers announce that a loan agreement on a $130m syndicated term loan for Troika Dialog has been signed today. The loan was underwritten at $100m but was increased by 30% after receiving oversubscription.
The syndicate included 12 banks:
Mandated lead arrangers and bookrunners: ING Bank N.V. Standard Bank Mandated lead arranger: HSBC Bank Plc
Co-arrangers: Citibank Commerzbank Aktiengesellschaft Dresdner Kleinwort JP Morgan Chase Bank N.A Nomura International
Lead-managers: BNP Paribas Deutsche Bank Luxembourg S.A. Hypo Alpe-Adria Bank International AG Zao Raiffesisen Zentralbank Oesterreich
Terms and conditions:
Borrower: Troika Dialog Size: $130m Type: Syndicated term loan facility Margin: 175bp Redemption: 364th day from signing of the loan agreement
Issuer profile: Troika Dialog Investment Company deals with all range of debt instruments including Russian corporate bonds, Eurobonds, government and municipal debt instruments.
