OREANDA-NEWS. January 20, 2015. Alfa-Bank Ukraine announced that the first interest on Series K bonds was paid in time and in full.

The payment amount for one bond was UAH 89.75, the total amount - UAH 23.25 million. The interest was paid on January 8, 2014 according to the registered prospectus.

The Series K bonds issue are valued at UAH 300 million (USD 37.5 million) and have a five-year maturity (through 4 July 2018). The coupon rate for the first year will be 18% per annum, and will be payable twice a year. The bonds feature an annual put option. The next interest income payment dates will be 7-9 July 2014.