URSA Bank pays ?24.9m on Eurobonds

URSA Bank made ?24.9m worth of coupon payments on its Eurobonds issue on November 17, 2008. The annual coupon interest rate comes to 8.3% a year.

The bank went through with the 300-million-euro issue in November 2006; the bonds are to be in circulation for five years, with yearly coupon payments. The issue was carried out by Sibacademfinance Plc (now known as URSA Finance PLŃ) and coordinated by Deutsche Bank and UBS.

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