VAB Bank Placed Its G Series Bonds for UAH 125 mln Amount
OREANDA-NEWS. On August 07, 2008 VAB Bank has successfully placed G Series bonds with the following characteristics, reported the press-centre of VAB Bank.
- amount: UAH 125 million;
- type: interest bearing registered bonds, issued in electronic form;
- maturity date: 28/02/2011;
- put option: 02/03/2009;
- coupon: fixed 13% p.a. for the first 4 coupon periods. Coupon interest rates for the subsequent periods will be determined by the Issuer additionally;
- coupon period: 91 day.
The Bank placed bonds among the leading banks, investment and insurance companies. All the funds attracted from bonds issue will be directed towards the bank’s loan and investment portfolio increase.
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