London, 30 November 2004 – Bank CenterCredit has closed syndication of its fully underwritten US$ 200-million term loan facility for short-term trade financing purposes. Raiffeissen Zentralbank Osterreich AG and Citigroup acted as the original Mandated Lead Arrangers. Raiffeissen Zentralbank Osterreich AG acted as the agent. The loan was oversubscribed by 100% and was increased from US$ 100 million to US$ 200 million.

The documentation was signed on November 21st. The loan is split to two tranches, the first one with a 1-year tenor and the second with a 2-year tenor. 39 banks participated for the first tranche raising a total commitment of US$ 133.9 million whereas 24 banks participated in the second tranche for a total commitment of US$ 66.1 million.