Business Standard Bank sells Series B bonds in full

Business Standard Bank sold Series B bonds in full yesterday. The issuer sold 100,000 bonds worth UAH1,000 each. The issue amounting to UAH100m matures on September 25, 2015. The bonds pay 18%. 90% of the proceeds will be used for on-lending to enterprises and individual customers and 10% of the proceeds will be used for transactions with securities.

• Status
  redeemed
• Country of risk
  Ukraine
• Redemption (put/call option)
  *** (***)
• Amount
  100,000,000 UAH
• М/S&P/F
  — / — / —

• Full name
  PJSB TAScombank
• Registration country
  Ukraine
• Industry
  Banks