Pravex-Bank Finished Bonds Allocation for UAH 220 mln
OREANDA-NEWS. On February 11, 2007 PRAVEX-BANK finished earlier "C" series bonds allocation for the amount of UAH 220 m., reported the press-centre of PRAVEX-BANK.
Allocation was performed together with underwriter of issue of JSB "ING Bank Ukraine".
Securities profitability from the first to fourth quarter interest periods makes up 13,5% of annuals. Term of turnover constitutes 3 years. Annual offer is foreseen on bonds.
"Pre-term allocation of the largest issue of bonds during PRAVEX-BANK history under conditions of high offer of banking bonds at debt obligations market, is surely very successful. We made our best to get such result, and are happy that PRAVEX-BANK bonds caused high interest on behalf of buyers — Ukrainian and foreign investors", -said Stepan CHERNOVETSKYY, Chairman of Supervisory Board of PRAVEX-BANK.
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