Nurbank OJSC (Kazakhstan) informed about prolongation of borrowed before syndicated loan for $18.0 m by 180 days

/KASE, May 13, 03/ - Nurbank OJSC (Atyrau), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "А" listing category, has informed KASE with the official letter about the fact that on April 17 of this year there was signed agreement between Nurbank OJSC and Standard Bank London Limited (England) about prolongation of syndicated loan, which had been borrowed on October 28 of 2002 to the amount of USD15.0 m. According to information of Nurbank OJSC initial size of the loan was increased while prolongation by $3,0 m., and as the result of it sum of the loan reached $18.0 m. Date of loan granting is April 25 of 2003. Interest rate is LIBOR + 3.00% APR. Term is 6 months. Maturity date is October 22 of 2003. The syndicated loan has been borrowed for financing foreign trade deals of the bank's main clients. Standard Bank London Limited acted as organizer of the borrowing, lead- managers are Internatioanl Moscow Bank (Russia), RZB Oesterreich AQ (Austria), Rabobank Nederland (Netherlands). Organizer interested the following entities as managers of the loan: Dresdner Bank Luxemburg (Luxemburg), Bayerische Hypo- und Vereinsbank (Germany), Israel Discount Bank of New York (USA), Mashreqbank PSC (UAE), Bank of Montreal (Canada), Union Bank of California (USA), Citibank, Nassau Branch (Bahamas), HSBC Kazakhstan (Kazakhstan). [2003-05-13]