Moskovskiy Kreditnyi Bank OAO

10/07/2019 | Press release | Distributed by Public on 10/07/2019 09:10

A coupon on USD 600,000,000 subordinated Eurobonds was paid in full

A coupon on USD 600,000,000 subordinated Eurobonds was paid in full

07.10.2019

On 7 October 2019 CBOM Finance plc paid out interest on the 10.5-year USD 600,000,000 7.5% subordinated Eurobonds issued in March 2017 to finance a subordinated loan to CREDIT BANK OF MOSCOW (ISIN: XS1589106910, US12504PAD24). The loan is included in the Bank's Tier II capital. Interest is paid semi-annually. The total amount of interest paid was USD 20,887,500.00.

The Eurobonds are callable in October 2022 and on every coupon date thereafter. Сitigroup, Credit Suisse, HSBC, ING, J.P. Morgan, Raiffeisen Bank International, Société Générale, Unicredit Bank and REGION Broker Company acted as Joint Lead Managers and Bookrunners for the issue.

Currently, there are seven Eurobond issues of CBOM Finance plc in circulation: five issues with a total outstanding principal of USD 2.7 bln, one EUR 500 mln issue and one RUB 5 bln issue. For more detailed information on the Eurobonds please visit our Investor relations section.