OREANDA-NEWS. May 16, 2011. Sviaz-Bank paid interest on the sixteenth coupon and paid off 100% of the par value of its Series 01 bonds in full and on time (official issue registration number 40101470B of April 2, 2007), reported the press-centre of Sviaz-Bank.

The bondholders were paid coupon interest at a rate of 16% per annum, or 39 rubles 89 kopecks per bond, and 100% of the par value of the securities. In all, 27,287,579 rubles 8 kopecks was paid out on bonds still outstanding on the maturity date.

Sviaz-Bank floated its first-ever four-year bond issue on April 26, 2007 on the MICEX Stock Exchange to raise 2 billion rubles. Sviaz-Bank itself acted as the managing underwriter of the issue.