ATFBank JSC (Kazakhstan) informed on borrowing of the mid-term loan to the amount of $100.00 m. against insurance coverage of ECA SACE

/KASE, July 17, 08/ - ATFBank JSC (Almaty), securities of which are traded in the Kazakhstan Stock Exchange (KASE), provided to KASE the press release where informs that the bank completed the process of borrowing of the mid-term loan to the amount of $100.00 m. against the insurance coverage of the Italian Export and Credit Agency Servezi Assicurativi del Commercio Estero (ECA SACE). "This loan consists of two tranches for 3 and 5 years with the various degree of insurance coverage of ECA SACE, that influenced on the cost attractiveness of this borrowing. This coverage was provided upon completion of the deal of entry of ATFBank JSC into UniCredit Group, within the program of Export and Credit Agency SACE on support of international activities of Italian companies, working outside of Italy" - mentions the bank's message. According to the press release participation of in this deal was organized by Citibank N.A., Citibank International Plc, London., and other well-known financial institutions. [2008-07-17]