OREANDA-NEWS. August 13, 2013. Raiffeisenbank as one of the Mandated Lead Arrangers closed a RUR 15 billion club facility for X5 Retail Group N.V., a leading Russian food retailer.

The new club facility consists of a 3-year RUR 9.7 billion tranche with the margin of 2.50% p.a. over MosPrime and a 5-year RUR 5.3 billion tranche with the margin of 2.75% p.a. over MosPrime. The proceeds will be used to refinance the existing club facility due in September 2013, as well as other short-term loans.

Along with ZAO Raiffeisenbank the following banks acted as Mandate Lead Arrangers of the transaction: ING BANK EURASIA ZAO, Joint Stock Commercial Bank "Rosbank" (Open joint-stock company) and UniCredit Group (UniCredit Bank Austria AG, ZAO UniCredit Bank and UniCredit Bank AG, London Branch). UniCredit Bank acted as sole Coordinator and facility agent of the Facility.

X5 Retail Group N.V. (LSE: FIVE, Moody’s — "B2", S&P — "B+") is a leading Russian retailer. The Company operates several retail formats: the soft discounter chain under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand, the online retail channel under the E5.ru brand and convenience stores under various brands.