Gazbank fully placed primary bond issue.
November 23, 2005 AK&M
On November 22, 2005, Gazbank (Samara) has fully placed primary bond issue of up to 750 million rubles, Uralsib being a lead-manager and underwriter of the issue reported to AK&M.
The first coupon rate was set at an annual interest rate of 11 percent.
Central Bank listed the issue consisting of 750,000 securities at par value of 1,000 rubles on September 26, 2005. The bond maturity is three years.
The co-lead-manager is Investsberbank, the co-underwriter is Tatfondbank.
Gazbank was established in 1993, its authorized capital equals 344,176 million rubles. The Bank's assets as of July 1 amounted to 9.51 billion rubles, shareholders equity made up 802,33 million rubles.
Issue — Gazbank, 01
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —
Company — Gazbank
Full namePrivate Joint-stock Company Commercial bank "GAZBANK"