Sviaz-Bank Pays Interest on 3rd Coupon of its Series 03 Bonds in Full
OREANDA-NEWS. June 28, 2013. Sviaz-Bank paid interest on the third coupon of its Series 03 bonds in full and on schedule.
The bondholders were paid coupon interest at a rate of 9% per annum, or 44 rubles 88 kopecks per bond. The Bank paid out a total of 224,399,982 rubles in coupon interest after tax.
The Bank offered its third series bonds by public subscription on the MICEX Stock Exchange on December 22, 2011. In all, it placed five million securities at 1.000 rubles each.
The Bank’s Series 03 bonds have been put on Quotation List B of the MICEX Stock Exchange, CJSC.
Fitch Ratings agency assigned the BB– long-term rating in the national currency and the AA– (rus) long-term rating on the national scale to this series of the Bank’s bonds.
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