23.07.2009, 19:49
URSA Bank Announces Buy Back Programme
OREANDA-NEWS. July 23, 2009. URSA Bank announced today that it has authorised a debt repurchase programme pursuant to which the Bank may from time to time repurchase (through open market purchases or private transactions) up to all of the outstanding 9.125 Per Cent. Loan Participation Notes due February 2010 (ISIN XS0288664617) issued by URSA Finance Plc (formerly known as Sibacademfinance plc) for the sole purpose of funding a loan to URSA Bank (of which approximately RUB 5,000 million in principal is currently outstanding).
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