Contact us (+ 7 (921) 446-25-10)
Texting is available for authorized users.
Please register or log in at the website.
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

VAB Bank partially redeemed Eurobonds and paid accrued interest

June 15, 2010 | Cbonds

On June 14, 2010 VAB Bank partially redeemed Eurobonds and paid accrued interest on the issue in line with agreements reached with investors in March this year. The issuer paid 10% of the principal to noteholders who consented to the offer. The issue tenor was extended by 4 years till June 14, 2014. The coupon rate was hiked to 10.5% from 10.25%. As of June 14 coupon payments are made quarterly instead on semi-annual coupons.
On June 14 the bank paid the 6th coupon in the amount of $6.3m.

Issue: VAB Bank, 10.125% 14jun2019, USD

StatusDefaultCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redemption defaultYesUkraine06/14/2019112,500,000 USDWithdrawn/-/Withdrawn

Company: VAB Bank

Full company namePJSC VAB Bank
Country of riskUkraine


Similar news:
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools