OREANDA-NEWS. October 11, 2011. Commercial Bank Renaissance Capital LLC, which operates under the Renaissance Credit brand, has paid the seventh coupon on its Series 02 bonds (registration no. 40203354В, dated 23 August 2007). The total volume of the seventh coupon is RUB 61 504 302.95. Size of payments for one bond made up RUB 52.07.

Commercial Bank Renaissance Capital LLC‘s Series 02 bond offering, with a total par value of RUB 3 bn, was placed on 17 April 2008. Coupon payments are made semiannually.The interest rate for the sixth seventh and eighth coupons is fixed at 10.5%.

About Renaissance Credit

Founded in 2003, Renaissance Credit is a leading consumer lending institution offering consumer loans, credit and debit cards and deposits to more than four million customers across Russia. Renaissance Credit is a trademark of CB Renaissance Capital (LLC), which holds banking license № 3354 issued by the Central Bank of Russia.