Stroycredit Bank honours put option on Series BO-01 and BO-02 bonds

Stroycredit Bank has bought back 1,146,205 bonds worth over RUB 1.14bn. The bank met its obligations regarding the put option in full. The bank bought back all bonds submitted for buyback and paid accrued interest on them. The bank bought back a total of 57.3% of the two issues. The remaining outstanding amount is about RUB853m. Last coupon on the issues was paid on July 30, 2012. The coupon rate stood at 9.9%. The coupon payment for two issues reached RUB 98.72m. The issue was sold on the MICEX on July 28, 2011. The issues totalled RUB 2bn. The bonds have a 3 year tenor. In 2011 the bonds were added to Quotation List A1.

• Status
  redeemed
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  1,000,000,000 RUB
• М/S&P/F
  — / — / —

• Full name
  OJSC Commercial Bank «Stroycredit»
• Registration country
  Russia
• Industry
  Banks