The International Bank of Azerbaijan has raised a syndicated loan in the amount of over $ 200 million.
The organizers of the transaction are Citibank, Credit Suisse A.G. London Branch (Credit Suisse), Emirates NBD Capital Limited (ENBD) and J.P. Morgan.
The coordinator and agent of the transaction was Citibank Europe Plc, and the release agent was J.P. Morgan.
The agreement has been joined by 12 financial institutions. This loan is the first since April 2015.
The loan agreement is for a period of one year. The proceeds will be used for general corporate purposes, in particular for the financing of trade projects. ---71D
Economics
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