PRAVEX-BANK Received Certificate on “С” Series Bonds
OREANDA-NEWS. March 11, 2008. Securities and Stock Market State Commission registered report about allocation of interest registered bonds of PRAVEX-BANK of "С" series and issued corresponding certificate about registration of №822/2/07 issue.
"Registration of bonds issue means their admission to free turnover and increase their attractiveness for investors", — gave comments Stepan CHERNOVETSKIY, Chairman of Supervisory Board.
As reported earlier, on November 8, 2007, PRAVEX-BANK began to place "C" series bonds of total amount UAH 220 m. Bond-equivalent yield in I-IV quarter interest rate periods constituted 13,5 percent of annuals.
The life of the bonds is 3 years. The bond presumes also an annual offer. Moody's rating agency assigned PRAVEX-BANK "C" series bond issue for UAH 220 m B2 long-term rating on international scale and A3 long-term rating on national scale.
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