Home Credit & Finance Bank Signed 1-Year USD 50 Million Syndicated Term Loan Facility
Moscow, 12/22/2005
Home Credit & Finance Bank (Moody's Ba3/NP/D-, S&P B-/C), one of the leading consumer finance providers in Russia, is pleased to announce successful closing of its debut 1-Year USD 50 million Syndicated Term Loan Facility. Standard Bank Plc acted as the Mandated Lead Arranger for the transaction."The facility attracted interest of ten banks making it another step to further diversify HCFB's funding
base. Successful closing of this transaction reflects the continued strong support HCFB enjoys from
relationship banks of the PPF Group despite our mixed performance in 2005," Dmitri Mosolov,
Deputy Chairman of HCFB's Management Board, comments on the transaction. Proceeds from the
facility will be used to further strengthen HCFB´s position in the Russian consumer finance market.
The unsecured term loan facility pays a margin of 225 bps over LIBOR and can be extended for
another six months over the final maturity.
The list of participating banks is as follows:
Mandated Lead Arranger
Standard Bank Plc
Arrangers
ABN AMRO Bank A.O., Moscow
CJSC CALYON RUSBANK Corporate and Investment Bank
Finansbank (Holland) N.V.
Co-Arrangers
Ceska sporitelna, a.s.
ING Bank N.V.
Lead Manager
Raiffeisenbank Austria ZAO
Managers
HVB Bank Czech Republic a.s.
JPMorgan Chase Bank, N.A.
PPF banka a.s.
12/22/2005 - Author: - ends
