Sberbank and Transaero sign a mandate for the organization of a syndicated loan with expected funding of RUB45bn

17 October 2014, Moscow - Sberbank of Russia, on behalf of the Moscow Bank of Sberbank and OJSC Transaero, agreed to develop their strategic cooperation. Within the framework of this cooperation, a mandate was signed for the organization of a syndicated loan with expected funding of RUB45bn. The purpose of this agreement is to provide a long-term loan.

Previously, Moscow Bank of Sberbank has opened a non-revolving credit line with a limit of RUB800mn for a period of 34 months for OJSC Transaero. The purpose of this credit is a replenishment of the current assets.

"We have been working with the Transaero airline company since 2009, throughout which there has been an effective partnership between Sberbank and Transaero, - noted Maxim Poletaev, First Deputy Chairman of the Executive Board of Sberbank of Russia. - We are pleased to continue our cooperation with a reliable air carrier, which rightfully occupies its deserved place in the world aviation market."

"We thank Sberbank - the biggest bank in Russia - for this constructive and mutually beneficial cooperation and a most extensive financial programme. The signed agreement increases the opportunity of Transaero to bring to life its development strategy which is about rational growth and increasing the effectiveness in the company's activity" - said Olga Pleshakova, Transaero Airlines CEO.

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Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media@sberbank.ru

Sberbank of Russia is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with more than 17,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.

The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.


Airline Transaero is the second biggest airline in Russian Federation. According to passenger turnover it is among 10 biggest airlines in Europe and 35 biggest airlines in the world.

There are 102 aircrafts to be operated for flights: 20 Boeing 747, 14 Boeing 777, 18 Boeing 767, 45 Boeing 737, 3 TU-214, 2 TU-204-100С. The company is an owner of the biggest vehicle park of long-range wide-bodied airplanes in Russia, CIS and Eastern Europe. In our country it is the first contractor of the modern plans Аirbus А380, Boeing 747-8 Intercontinental and Аirbus А320neo, Аirbus А330neo.

The general route network of the company consists of 200 flight paths around Russia and to foreign countries of Europe, Asia, America and Africa.

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