Sviaz-Bank Pays Interest on 3rd Coupon of its Series 04 Bonds in Full
OREANDA-NEWS. November 08, 2013. Sviaz-Bank paid interest on the third coupon of its Series 04 bonds (official issue Registration Number 40401470B of August 5, 2011.
The bondholders were paid coupon interest at a rate of 8.8% per annum, or 43 rubles 88 kopecks per bond. In all, the Bank paid out 190,614,657 rubles after tax withheld by the issuer.
Sviaz-Bank offered its ten-year fourth bond issue to raise 5 billion rubles by public subscription on the MICEX Stock Exchange on April 25, 2012. Sviaz-Bank is the offering organizer. Each bond carries 20 coupons yielding interest at periods of 182 days.
Fitch Ratings International Agency has awarded the Bank’s Series 04 bonds the BB long-term rating in the national currency and the АА-(rus) long-term rating on the national scale.
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