Sviaz-Bank Pays Interest on 4th Coupon of Series 05 Bonds
OREANDA-NEWS. April 24, 2014. Sviaz-Bank (Vnesheconombank Group) paid the full amount of interest on the fourth coupon of its Series 05 bonds (official issue Registration Number 40501470V of August 5, 2011).
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 out 236,850,000 rubles in coupon interest.
Sviaz-Bank offered its fifth ten-year bond issue on the MICEX Stock Exchange on April 19, 2012 to raise 5 billion rubles. Sviaz-Bank acted as manager and placement agent.
Fitch Ratings Agency has awarded the BB long-term rating in the national currency and the AA-(rus) long-term rating on the national scale to Sviaz-Bank’s Series 05 bonds.
On July 12, 2012, the Series 05 bonds were listed by the MICEX Stock Exchange for trading on the secondary market.
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