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Bank of Moscow looks to take out $400 mln syndicated loan

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MOSCOW, September 6 (RIA Novosti) - Bank of Moscow (Bank Moskvy) said Wednesday it plans to draw a $400 mln syndicated loan in the fall of 2006.

The loan, provided at an interest rate of LIBOR +0.5% for a two-year term, is syndicated by Deutsche Bank, West LB, Sumitomo Mitsui Banking Corporation and BNP Paribas.

Bank of Moscow is one of Russia's top 30 banks by assets.

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