Azerbaijan, Baku / Trend / The Russian bank Tsentr-Invest signed an agreement on an international syndicated loan in the sum of 1bln roubles, according to the International Bank of Azerbaijan-Moscow.
The leading organizers of the loan are Raiffeisenbank Osterreich and Raiffeisen Zentralbank Osterreich AG. The loan will be allocated over 12 months. The term may be extended for an additional 12 months if the creditors agree.
Besides the leading organizers, the syndicate included: co-organizer International Moscow Bank CJSC, co-leading managers Standard Banks CJSC and ICICI Bank Eurasia LLC, managers Moscow Business World joint-stock commercial bank and KMB-Bank CJSC and participant International Bank of Azerbaijan - Moscow.