MOSCOW (Thomson Financial) - X5 Retail Group NV is seeking a 1.5 bln usd syndicated loan to refinance its existing debt and also raise funds for other purposes, a banking industry source told Interfax.
'The company has sent a request for proposals to banks for the syndication of the loan in two roughly equal tranches, one three years and the other five years,' the source said. alfred.kueppers@thomson.com amk/lam COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
© 2007 AFX News
