Creditprombank restructures 87.5% of Series G bonds

Creditprombank finished debt restructuring of UAH437.5m in Series G bonds on July 5, according to the bank’s press office. Bondholders exercised a put option on the issue in June 2010. The issue will be redeemed in July 2012 in line with the debt restructuring plan. The bank also paid the 12th coupon on the issue on July 5. The coupon payment stood at UAH 13.033m, or UAH 29.79 per bond in line with an 11.95% coupon rate. The UAH500m issue was placed in 2007. Bonds are due July 2012.

• Status
  redeemed
• Country of risk
  Ukraine
• Redemption (put/call option)
  *** (***)
• Amount
  500,000,000 UAH
• М/S&P/F
  — / — / —

• Full name
  PJSC Kreditprombank
• Industry
  Banks