International syndicated loans
International syndicated loans - credit offered to one borrower by syndicate of banks in the form of separate loans from each bank on identical conditions within the limits of one agreement.
Advantages:
- Creates positive international image of the company on Russian and international capital markets
- Significant volume
- Decrease of financing costs
- Possibility to evaluate the list of investors
- Combination of closed and public financing
Services:
- The bank conducts market research for the purpose of establishment of the balanced interest rate, develops strategy of loan placing of the credit and the market organisation, prepares and adjusts the legal documentation, organises syndicate formation
- The Agent bank executes the administrative-technical functions ensuring proper fulfilment of the credit agreement and the relation with syndicate of banks.
Term: 6-12 month
Amount: From USD 3 mln
Conditions: IAS reporting, transparency
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