OREANDA-NEWS. May 10, 2012. Alfa-Bank (Ukraine) paid the seventh tranche under its 2012 Loan Participation Notes. The payment comprises coupon of USD6.8 million and a principal installment in a par value of USD 105.1 million, reported the press-centre of Alfa-Bank.

Starting from 30 October 2010, the notes mature in 8 equal installments paid quarterly at the date of coupon payment and are fully amortised on 30 July 2012. As of now, the Bank has redeemed 88% of all the Loan Participation Notes equal to USD 840,633,000.

Alfa-Bank (Ukraine) is a member of the Alfa Group and maintains its position among the top ten major banks in Ukraine in total assets according to the National Bank of Ukraine.