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Kredobank buys back Series B bonds

July 06, 2009 | Cbonds

Kredobank has bought back Series B bonds, according to a review by investment company Concorde Capital cited by Ukrainian News. The bank honoured a put option on the issue on June 26 paying UAH 50.75m. Before the put option practically all the issue amount was traded in the market, but despite the rate hike to 22% from 13%, almost all bondholders submitted their bonds for buyback.


Issue: Kredobank, 3-B

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redeemedUkraine06/21/201350,750,000 UAH-/-/-

Company: Kredobank

Full company namePJSC "Kredobank"
Country of riskUkraine
Country of registrationUkraine
IndustryBanks

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