Sviaz-Bank Pays Interest on Series 05 Bonds
OREANDA-NEWS. April 29, 2013. Sviaz-Bank paid full interest accrued on the second coupon of its Series 05 bonds (issued under Official Registration Number 40501470B of August 5, 2011) on due date.
The bondholders were paid coupon interest at a rate of 9.5% per annum, or 47 rubles 37 kopecks per bond. In all, the Bank paid 236,850,000 rubles in coupon interest.
Sviaz-Bank offered its ten-year Series 05 bond issue on the MICEX Stock Exchange on April19, 2012 to raise five billion rubles. Sviaz-Bank acted as lead manager and agent bank of the offering, with BC Region LLC as co-underwriter.
Sviaz-Bank’s Series 05 bonds have been given the BB long-term rating in the national currency and the АА-(rus) long-term rating on the national scale by the Fitch Ratings Agency.
On July 12, 2012, the Bank’s Series 05 bonds were listed by the MICEX Stock Exchange for trading on the secondary market.
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