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Feb 22 2006
Russia’s Mobile TeleSystems (MTS) mobile
network is in talks with banks to attract a syndicated loan facility in
excess of USD1 billion, a source reported to AK&M.
The transaction could be announced in
two weeks, but the source declined to comment upon any further details
of the proposed loan.
MTS undertook a three-year syndicated
loan for USD600 million in mid-2004, arranged by ABN Amro, HSBC, ING,
Raiffeisen Zentralbank Oesterreich (RZB), Bank Austria Creditanstalt,
Commerzbank and Barclays Bank.
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