In November 2008 Nadra Bank redeemed a $100m debut Eurobond issue and repaid a $130m syndicated loan on schedule. The Eurobond issue was successfully placed in 2005 at 9.5%. It was arranged by Dresdner Kleinwort Wasserstein and UBS Investment Bank.
The loan agreement on the syndicated loan was signed by the bank on November 19, 2007. BayernLB and Fortis Bank SA/NV were mandated lead arrangers on the facility. The one-year loan paid Libor+150bp.
