OREANDA-NEWS. June 06, 2008. AK BARS Bank is going to distribute eurobonds in the amount of up to \\$ 450 mln for the period up to 5 years, reported the press-centre of AK BARS Bank.

The lead manager of the emission has been appointed ABN AMRO Bank N.V. and Credit Suisse Securities (Europe) Limited. Eurobonds  are distributed in the frame of approved program in the amount of \\$ 1,5 billion.

In June, 2007 the Bank has already issued the  first 3 year tranche in a volume of \\$ 250 mln with coupon interstate 8,25% per year.
 
At present Bank carries out the road show bond issue which will be execute in Asia and Europe.