OREANDA-NEWS. December 09, 2009. SPV Company of AK BARS Bank AK BARS Luxembourg S.A. placed Eurobonds maturing in 2012 in the amount of 280 mln USD with a coupon yield of 10.25% per annum, reported the press-centre of AK BARS Bank.

Part of the bonds – in the amount of 205 mln USD – was purchased by new investors, and the second part in the amount of 75 mln USD was placed within the framework of the exchange offer maturing in 2010 (yield 8.25% placed in 2007).

Credit Suisse was the organizer of placement and of exchange offer.

For information: AK BARS Bank has one more Eurobonds issue circulating in the market in the amount of  300 mln USD maturing in June 2011 and with a coupon yield of 9.25% per year.