CORPORATE NEWS

ZSE signs $59 m syndicated loan

Západoslovenská Energetika (ZSE), a state-run energy distribution utility in western Slovakia, signed during the first week of August an agreement on a syndicated, revolving loan worth $59 million with CS First Boston.

The loan's interest rate was set at LIBOR +0.425 percent p.a. Other members of the syndicate were Bank Austria, Bankgesellschaft Berlin Group, The Bank of Tokyo, Bayerische Landersbank, The Daichi Kangyo Bank, Royal Bank of Canada Europe, and Société Générale.

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