Meganbank PLC Repaid the Coupon on Bonds Series E
OREANDA-NEWS. On the 11-th of March 2008 "Megabank" PLC has promptly and in full size paid the coupon on bonds series Е in the amount of 3 428 thousand UAH.
Basic conditions of series "Е" issue:
The sum of issue is UAH 100,000,000.00;
The principal value of one bond is UAH 1000.00;
The bond circulation period – 1 096 calendar days, from the 10-th of December 2007 to the 10-th of December 2010;
The coupon rate is 13,75% (the rate for the first-fourth periods, the rate for the fifth- eighth, ninth-twelfth interest periods is established by the Supervisory Board of the Bank);
The coupon repayment is held once a quarter;
The quantity of offers is 2 (08.12.2008 and 07.12.2009);
Collateral – the bonds are secured by agreements with the Insurance Company "Lemma" on voluntary insurance against the third parties so as to insure the risk of the Issuer non-repaying the principal sum of debt and profit on bonds.
The Independent Rating Agency "Credit-rating" has assigned the long-term rating uaA- to the issue of interest bonds (series E-F) "Megabank" PLC in the amount of UAH 200 million with the circulation period of 3 years.
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