VAB Bank Paid Coupon & Redeemed Its F-Series Bonds
OREANDA-NEWS. June 07, 2010. VAB Bank paid coupon for the 12th interest period and fully redeemed its F-series bonds, reported the press-centre of VAB Bank.
Of the F-series bonds, only UAH 3 million remained outstanding till the termination date, the rest of the issue has been bought out by the Bank on the put option exercised by the investors.
The bank has also G-series bonds in circulation for the total amount of UAH 125 million that mature on 28 February 2011. The whole G-series issue is held by the Bank.
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Vseukrainsky Aksionerny Bank (VAB Bank) has been operating in the Ukrainian financial market since 1992 and belongs to the group large banks in Ukraine according to NBU. Branch network consists of 150 outlets throughout Ukraine and a representative office in Budapest (Hungary). TBIF Financial Services B.V., a large international company based in the Netherlands, is among the bank’s shareholders. Total assets of VAB Bank amounted to UAH 7.3 billion as of 1 January 2010, regulatory capital – UAH 1,195 million.
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