Alfa Bank acts as the Mandated Lead Arranger, Book Runner, Documentation Agent and Paying Agent, Otkritie FC Bank — as the Mandated Lead Arranger, and Expobank LLC — as the lead arranger of $30m loan for Amsterdam Trade Bank N.V.
The loan was disbursed in two tranches with the tenors of 12 and 24 months. The loan proceeds will be used for general corporate purposes, in particular to finance the trade contracts of Amsterdam Trade Bank’s clients related to goods and equipment supply.
“This first public deal will help trade finance specialized Amsterdam Trade Bank N.V. to implement its ambitious plans” said Vadim Gurkovsky, managing director of Financial Institutions, Amsterdam Trade Bank N.V.
“Expobank chose to participate as the lead arranger, since this is the first such deal on the market. All parties are qualified participants and the deal provides the opportunity of professional cooperation with a European bank as the borrower” said Aleksandr Kozbenko, director of Large Business, Expobank LLC.