MDM Bank pays 228.125m on coupons

31 August 2009 (07:58)

On August 26, 2009, MDM Bank made 228.125 million RUR worth of coupon payments on its LPN bond issue. The coupon yield was determined at 9.125% a year.

The bank went through with the five-billion-ruble LPN Eurobond issue on February 26, 2007; the bonds are to be in circulation for three years. The issue was instituted by Ireland-based URSA Finance PLC and coordinated by Citigroup and Standard Bank.


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