MATÁV
and a bank consortium headed by Citibank on 10th of November signed
Matáv's second syndicated loan agreement (HUF 13.5 billion with a
maturity period of 6 years). This loan will enable MATÁV to pursue its
financing strategy and further increase the rate of HUF loans in its
debt portfolio.
Matáv signed a syndicated loan agreement of HUF 13.5 billion
1999. 11. 11. 00:00:00
Budapest,
Citibank was involved in this transaction as coordinator and creditor,
and also supervised drafting of the documents. The following banks
participated as leading creditors: Kereskedelmi és Hitelbank Rt.,
Magyar Fejlesztési Bank Rt., Magyar Külkereskedelmi Bank Rt., as well
as Postabank és Takarékpénztár Rt. Five additional banks, ABN-Amro
(Magyar) Bank Rt., CIB Közép-Európai Nemzetközi Bank Rt., ING Bank Rt.,
Inter-Európa Bank Rt. and Országos Takarékpénztár és Kereskedelmi Bank
Rt. signed the loan agreement as creditors and contributors. Magyar
Külkereskedelmi Bank Rt. acted as agent in charge of this transaction.
Matáv's legal representative was Dr. Gábor Horváth Law Office; the bank
consortium was represented by Ormai and Partners CMS Cameron McKenna
Law Office.
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