Promsvyazbank Makes Regular Coupon Payment
OREANDA-NEWS. July 19, 2012. Promsvyazbank has made the eight coupon payment in the amount of USD 8 062 500 under the US\\$ 150 million 10.75 % Senior Loan Participation Notes (LPN) due 2013.
The Notes were issued by PSB Finance SA, a special purpose vehicle incorporated under the laws of Luxemburg, on 15 July 2008.
About Promsvyazbank
OJSC Promsvyazbank, founded in 1995, is one of the leading privately-owned Russian banks, with total assets of RUB 556 bn and total capital of RUB 71.3 bn under IFRS as of 1 April 2012. Holding company Promsvyaz Capital B. V. owns 88.25% of the Bank and the European Bank for Reconstruction and Development owns the remaining 11.75%. PSB has the following international credit ratings: “Ba2” from Moody’s Investors Service; “BB-” from Fitch Ratings. As at 1 May 2012, PSB had a network of about 290 points of sale including an overseas branch in Cyprus, and representative offices in China, India, Ukraine and Kazakhstan.http://eng.psbank.ru/
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