URSA Bank pays coupon on LPN issue

URSA Bank paid $7.8m worth of coupon on its LPN issue on June 30. The coupon rate was 12%. The $130m LPN issue was placed on June 27, 2006. It has a 5-year tenor. Sibacademfinance PLC (Ireland) acted as the issuer while Barclays Capital arranged the transaction.

• Status
  redeemed
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  130,000,000 USD
• М/S&P/F
  — / — / —

• Full name
  URSA Bank
• Registration country
  Russia
• Industry
  Banks