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-Russian Standard Bank to sell UAH200m bond.

BANKING AND CREDIT NEWS-July 5, 2011--Russian Standard Bank to sell UAH200m bond(C)2011 M2 COMMUNICATIONS

5 July 2011 - Ukraine's small-size lender Russian Standard bank plans to sell UAH200m (USD25m/EUR17.3m) worth of bonds due in 2013, the Kiev-based bank said on Tuesday.

The C series bond issue will stipulate the sale of 200,000 bonds with an issue price of UAH1,000 apiece.

The debt, with an annual coupon of 14%, will be placed on the Perspectiva stock exchange.

Investment Capital Ukraine and VTB Bank (KSE:BAMR) are acting as the issue organisers.

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Publication:M2 Banking & Credit News (BCN)
Date:Jul 5, 2011
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