Transcreditbank Paid Coupon on Its Bond
OREANDA-NEWS On 19 December was announced, that on December 16, 2008 TransCreditBank paid the 3rd coupon on its series 01 and series 02 straight bond to the amount of RUR109,050,000 and RUR108,900,00, respectively. The coupon payment per one series 01 bond amounted to RUR36.35 (which translates into 7.29% annual rate), and for series 02 bond – RUR36.30 (7.28% p.a.).
The bonds were placed at par at MICEX on June 19, 2007. Series 01 bond has a 3-years’ maturity, while 02 issue will mature in 5 years. The two issues have the same size of RUR3 bn each, with maturities of 3 and 5 years for series 01 and 02, respectively.
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