RLPC-Russian CTC Media to launch $180 mln loan in May-sources

LONDON, May 14 (Reuters) - Russian television company CTC Media (CTCM.O: Quote, Profile, Research) will launch syndication of a $180 million loan later in May, which will back the borrower's $395 million acquisition of network DTV Group, banking sources said on Wednesday.

ABN AMRO, BNP Paribas, ING and RZB are arranging the loan.

CTC Media, 40 percent owned by MTG (Modern Times Group), announced in April it had completed the acquisition of DTV from its shareholder, Sweden's MTG (MTGb.ST: Quote, Profile, Research).

CTC, the fourth most-watched broadcaster in Russia, operates the CTC and Domashny (Home) channels and is the country's largest TV network outside direct or indirect state control.

Apart from MTG, CTC Media's main shareholders are Russian billionaire Mikhail Fridman's Alfa Group with 26 percent and Access Industries with 6 percent. (Reporting by Christopher Mangham)