PRAVEX-BANK Reports about Results of “B” Series Bonds Floatation
OREANDA-NEWS. December 05, 2007. PRAVEX-BANK registered with State securities and stock market committee the report about results of "B" series bonds floatation to the total amount UAH 100 mln. and got a Bonds Issue Registration Certificate № 553/2/07 dated 07.09.2007, reported the press-centre of PRAVEX-BANK.
"The report registration and getting certificate by bank provides a possibility for investors to purchase/sell "B" series bonds at secondary market that enhances their liquidity", — commented Stepan CHERNOVETSKIY, Head of Supervisory Board of PRAVEX-BANK.
We'd like to remind that 08 November 2007 PRAVEX-BANK started a public floatation of "C" series bonds to the total amount UAH 220 mln. Papers profitability since the first till the fourth quarter interest periods — 13,5% annuals. Circulation term — 3 years. Annual offer is also envisaged on bonds. International rating agency Moody's assigned to "C" series PRAVEX-BANK's bonds issue to UAH 220 mln. a long-term rating B2 on international scale and also long-term rating А3.ua on national scale.
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