Syndicated term loan facility for EUR 350 million. 

Sberbank Europe AG receives debut Syndicated Term Loan Facility


Mag. Linda Michalech
Corporate Communications Manager

Sberbank Europe AG
Tel.: +43 1 22732 1300
Mobile: +43 664 8891 3662

Sberbank Europe AG receives debut Syndicated Term Loan Facility

Sberbank Europe AG announces the signing of its debut syndicated term loan facility for EUR 350 million equivalent. 

Some of the most renowned international banks have joined a syndicated term loan facility for Sberbank Europe AG. The loan is unsecured and has been given on a stand-alone basis without parental guarantee. It has a tenor of 364 days with bullet repayment and carries a margin of 60 basis points over EURIBOR. The syndicated term loan will be used for general corporate purposes to support further business development of Sberbank Europe in Central and Eastern Europe.

The transaction was already oversubscribed at the senior syndication phase. It was launched into general syndication in late February 2014 and received a positive reception from the market. “The success of this inaugural transaction highlights the excellent relationships and trust that Sberbank Europe enjoys with financial institutions all over the world”, states Mark Arnold, CEO of Sberbank Europe AG. “The loan will support our growth strategy and serve to refinance our growing corporate loan portfolio.” The Vienna headquarters of Sberbank Europe will serve as the central hub for large corporate clients to bundle expertise and client relationship management.

Bank of America Merrill Lynch, Barclays Bank PLC, Citi, Commerzbank Aktiengesellschaft, HSBC Bank plc, ING Bank N.V., J.P. Morgan Limited, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and UniCredit Bank Austria AG acted as Mandated Lead Arrangers and Bookrunners for the Facility.  Société Generale joined as Lead Arranger; BNP Paribas as Co-arranger; while Credit Suisse AG, Deutsche Bank Luxembourg S.A., Sberbank of Russia and UBS Limited joined as  Lead Managers. Barclays Bank PLC, Commerzbank Aktiengesellschaft and ING Bank N.V. acted as joint Coordinators of the Facility. Barclays Bank PLC acted as Documentation Agent with ING Bank N.V. acting as Publicity Agent. Commerzbank Aktiengesellschaft Filiale Luxemburg will act as Facility Agent.

About Sberbank Europe AG
Sberbank Europe AG is a subsidiary company of Sberbank of Russia and headquartered in Vienna. It manages a network of nine universal banks in eight Central and Eastern European countries: Slovakia, Czech Republic, Hungary, Slovenia, Croatia, Bosnia and Herzegovina, Serbia and the Ukraine. In total the bank operates 280 branches and has 4.500 employees (as at 31.06.2013). Banking activities of Sberbank Europe focus on large corporates, small and medium-sized businesses as well as retail banking customers, project financing and referral business. 

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