Belagroprombank Repaid Interest on Loan Participation Notes Issue
OREANDA-NEWS. May 14, 2013. Belagroprombank repaid the semi-annual coupon on its Notes issue in line with the concluded agreement in the amount of USD 4.920 million.
At the beginning of November 2010 Belagroprombank closed the 3-year debut Notes issue for the amount of USD 100 million with a 9.95 per cent coupon listed on Frankfurt Stock Exchange. The issue was lead managed by The Closed Joint-Stock Company “Sberbank CIB” and The Royal Bank of Scotland plc.
With the full and timely repayment of coupon income Belagroprombank confirmed its adequate liquidity level, reliability and strong financial standing.
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