Vimpelcom to appoint eight banks for arranging a syndicated loan of $1 billion (Russia)
Vimpelcom, the Russian mobile phone operator, plans to appoint eight banks to arrange for a three year syndicated loan of $1 billion.
Barclays, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Calyon, Commerzbank, SMBC, Standard Bank and WestLB are the one’s expected to be appointed as arrangers by next week.The loan, which will be used for general corporate purposes, will launch to syndication later in September.
