Ural Bank for Reconstruction and Development to launch second series bonds.
March 16, 2006 AK&M
ООО UBRD-finance, SVP-company of Ural Bank for Reconstruction and Development intends to launch the second issue of bonds in the amount of 1 billion rubles, the Bank's press service reports. The maturing period of bonds will be three years.
The first series bonds of UBRD to the value of 500 million rubles and arranged by Promsvyazbank were placed in early July 2005 on the MICEX Stock Exchange.
Ural Bank for Reconstruction and Development was established in 1990, its authorized capital equals 668.12 million rubles. The Bank's profit as of January 1, 2006 totaled 151.7 million rubles, the assets amounted to 17 billion rubles, the credit portfolio came to 11 billion rubles.
Issue — UBRD Finance, 01
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —