Monday, August 29, 2005
Vimpelcom & Citi
Business in Brief: "$200M VimpelCom Loan
LONDON -- Mobile company VimpelCom picked Citigroup and Sumitomo-Mitsui Banking Corp. to arrange a $200 million loan, a banker involved in the deal said Friday.
The three-year, unsecured loan will have a 'significantly' lower rate than the company's most recent credit, the banker said, without giving more details.
Moscow-based VimpelCom paid a margin of 2.5 percentage points over interbank lending rates for a $425 million loan in March, the company said at the time. (Bloomberg)"
LONDON -- Mobile company VimpelCom picked Citigroup and Sumitomo-Mitsui Banking Corp. to arrange a $200 million loan, a banker involved in the deal said Friday.
The three-year, unsecured loan will have a 'significantly' lower rate than the company's most recent credit, the banker said, without giving more details.
Moscow-based VimpelCom paid a margin of 2.5 percentage points over interbank lending rates for a $425 million loan in March, the company said at the time. (Bloomberg)"
