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News Article

21 December 2004

Loan Information to Anadolubank A.S.

Loan Information to Anadolubank A.S.

We are pleased to announce that Abu Dhabi Commercial bank, The Bank of New York, Commerzbank Aktiengesellschaft, Demir-Halk Bank ( Nederland ) N.V., Raiffeisen Zentralbank Österreich AG, Standard Bank London Limited, and Wachovia Bank, National Association, (the "Joint Arrangers", each a "Mandated Lead Arranger") have successfully syndicated and signed a USD 50 million 364 day Syndicated Term Loan Facility (the "Facility") for Anadolubank A.S. ("Anadolubank" or the "Borrower").

The transaction was launched at an amount of USD 35m and was very well received by the market. Syndication was closed with EUR 56m raised from the market and the Borrower decided not to take the total amount. Anadolubank is a first time borrower in the international syndicated loan market.

The Facility was signed in Istanbul on 2nd December 2004 and the following Banks joined the transaction:

Abu Dhabi Commercial bankMLA
Bank of New YorkMLA
Standard Bank LondonMLA
Wachovia BankMLA
American Express BankArranger
Finansbank (Holland) N.V.Arranger
Bank Austria CreditanstaltLead Manager
Export-Import Bank of the Republic of ChinaLead Manager
Ziraat Bank InternationalLead Manager
Banque Cantonale de GeneveParticipant
Banque Internationale de Commerce - BREDParticipant
National Bank of EgyptParticipant
Pine BankParticipant

Details for the Facility are as follows :

BorrowerAnadolubank A.S., Istanbul
AmountUS$ 50,000,000
Facility TypeTerm Loan Facility
PurposeProceeds of the Facility will be used by the Borrower to pre-finance export contracts
Term364 days
RepaymentBullet at maturity
Margin85 bp pa

Mandated Lead Arrangers' roles

AgentThe Bank of New York
BookrunnersRaiffeisen Zentralbank Österreich AG.
Standard Bank London Ltd.
DocumentationStandard Bank London Ltd.
PublicityRaiffeisen Zentralbank Österreich AG
SigningRaiffeisen Zentralbank Österreich AG

Should you have any questions please contact any of the following:
Raiffeisen Zentralbank Österreich AG
Mr. Semih Oezcan and Mr. Marco Rigatti
Tel: +43 1 71707 2652 / +43 1 71707 2670
Fax: +43 1 71707 2388

For and on behalf of the Mandated Lead Arrangers
Abu Dhabi Commercial Bank,
The Bank of New York,
Commerzbank Aktiengesellschaft,
Demir-Halk Bank (Nederland) N.V.,
Raiffeisen Zentralbank Österreich AG,
Standard Bank London Limited,
Wachovia Bank National Association
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