Promsvyazbank Syndicated Loan II

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The EBRD is considering a Senior Syndicated Loan to Promsvyazbank (PSB) in the aggregate amount of approximately USD 250 million under an A/B loan structure for general corporate purposes (incl. trade finance transactions) (“the Project”). The transition impact of the Project is expected to be achieved in the following main areas: Promsvyazbank is the 10th largest bank in Russia and the second largest locally owned private universal bank with a network covering over 90 Russian cities. The bank is owned by local shareholders Messrs. Alexey and Dmitry Ananiev owning PromsvyazCapital B.V. (72.93% in total), Commerzbank Auslandsbanken Holding AG, Germany (15.32%) and EBRD (11.75%). The loan will be for the total amount of approximately USD 250 million and will be provided under A/B structure, including: Approximately USD 250 million. The project has been categorised FI in accordance with 2008 Environmental and Social Policy. The Client's business and operations will be required to meet EBRD's Performance Requirements 2 (Labour and Working Conditions) and PR9 (Financial Intermediaries). This includes adherence to the EBRD's Environmental and Social Exclusion and Referral lists, implementation of the relevant EBRD's Environmental and Social Procedures from the e-Manual and submission of annual environmental and social reports to the EBRD. None. Anna Belyaeva Financial Institutions and International Capital Markets Tel: +7 (495) 221 36 96 E-mail: belyaeva@psbank.ru