Sviaz-Bank Pays Interest on 1st Coupon of Series 05 Bonds
OREANDA-NEWS. November 02, 2012. Sviaz-Bank paid the full amount of interest due on the first coupon of its Series05 bonds (under official issue registration number 40501470V of July 9, 2012) exactly on time, reported the press-centre of Sviaz-Bank.
The bondholders were paid coupon interest at a rate of 9.5%, or 47 rubles 37 kopecks per bond. Overall, the Bank paid 236,850,000 rubles in coupon interest.
Sviaz-Bank offered its fifth ten-year bond issue at a par value of 5 billion rubles on the MICEX Stock Exchange floor on April 19, 2012. Sviaz-Bank acted as lead manager and agent bank, with BK Region LLC as co-underwriter.
Fitch Ratings agency has assigned a long-term rating –BB in the national currency and the long-term rating –AA-(rus) on the national scale to Sviaz-Bank’s Series 05 bonds.
On July 12, 2012, the MICEX Stock Exchange listed Sviaz-Bank’s Series 05 bonds for trading on the secondary market.
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