10 January 201809:18
UBRD Makes 9th Coupon Payment on Bonds
UrBC, Yekaterinburg, January 10, 2018. UBRD Capital Designated Activity Company made all the payments on the 9th coupon (out of eleven all in all) to the Ural Bank for Reconstruction & Development’s subordinate Euro bonds. The Ural Bank for Reconstruction & Development (UBRD) acts as the bond issue guarantor, while Ireland-based UBRD Capital Designated Activity Company acts as the issuer; BCP Securities, BNP Paribas, and Sberbank CIB act together as the backers for the entire affair. ‘The bonds were issued in June 2013, with a 5.5-year circulation period. The redemption date is set at