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LKB: AS “Latvijas Krājbanka” repays syndicated loan

Spekuliantai.lt | 2009-05-15 | NASDAQ OMX biržų naujienos | perskaitė: 1741
Raktiniai žodžiai: Latvijas Krajbanka, LKB
LKB: AS “Latvijas Krājbanka” repays syndicated loan

Latvijas Krajbanka Company Announcement 15.05.2009

AS “Latvijas Krājbanka” repays syndicated loan

On May 15 AS “Latvijas Krājbanka” (hereinafter referred to as - Latvijas
Krājbanka) repaid the syndicated loan in the amount of EUR 15 million (LVL
10,54 million).

The contract on receiving of syndicated loan was signed last year in May. The
loan was granted for 364 days from the day the contract was signed. The loan
interest rate comprised 1,2% + 3 M EURIBOR. The mandated lead arranger and
agent of the syndicated loan was Bayerische Landesbank, Germany. In total five
credit institutions participated in the transaction: Bayerische Landesbank,
Raiffeisen Zentralbank Osterreich Aktiengesellschaft, AS "Parex banka",
Salzburger Landes - Hypothekenbank AG and VAS "Latvijas Hipotēku un zemes
banka". This was the first syndicated loan transaction of Latvijas Krājbanka
and it was successful and beneficial for all transaction parties.

Latvijas Krājbanka provides different financial services to individuals and
legal entities, and it has the widest client service centre network in Latvia.
Latvijas Krājbanka ranks the first place among Latvian commercial banks in
terms of client service centre number and the third place in terms of number of
ATMs - at present there are 194 ATMs and 122 client service centre, 41 of which
are the mini banks.

Latvijas Krājbanka - Your closest bank!


Kristīne Ozolniece
AS “Latvijas Krājbanka”
The expert of public relations
Phone: 67068031
Mobile: 25912461
E-mail: [email protected]

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