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11/07/2017
18:28
Russian Standard Bank covered Eurobonds.

July 11 Russian Standard Bank covered the senior Eurobonds of the RUSB'17 series in the total volume of $26.38mln, the Bank informed.

The Eurobonds were placed in 2012 in the volume of $525mln initially; the coupon rate was fixed at 9.25% ann. in USD.

This issue was the last public debt of the Bank.
The coverage of the senior Eurobonds is assumed to yield the gradual cut-down in the debt burden and loans raised in foreign currency.

The capital adequacy of the Bank is equal to 12.53% against 8% fixed by CB as criteria.

Russian Standard Bank (TIN 7707056547) was set up in 1999. Then, in 2006 IFC sold its share in the Bank and Rustam Tariko became the one beneficiary.


"AK&M", 13:38, 11.07.2017 1251 AKM,BNK

 

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