Sberbank Changes Exchange-Traded Bond Programme
OREANDA-NEWS. September 29, 2014. The Supervisory Board of Sberbank of Russia (hereinafter “the Bank”) has decided to make changes to the Programme for certificated non-convertible exchange-traded bearer bonds with mandatory central storage – series BO-01–BO-51 with a nominal value of RUB 500 bln, which were registered and admitted to trading on the MICEX Stock Exchange on January 10, 2013 (hereinafter “the Programme”).
Changes to the Programme involve increasing the maximum maturity of several series of bonds from 3 years to 15 years, changing the currency of several series of bonds from roubles to US dollars, euros and Swiss francs, and also increasing the overall nominal value of the Programme to the equivalent of RUB 612.4 bln.
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