Kyiv Alfa-Bank shareholder places $100 mln in Eurobonds
KYIV. Oct 3 (Interfax) - ABH Ukraine, the sole shareholder of Alfa-Bank (Kyiv), placed two tranches of Eurobonds for a total of $100 million on October 2 and October 3 issued, the bank said in a press release.
The securities were issued under the Reg S rule (for non-U.S. investors) with maturity date on February 2 and November 3, 2020. The coupon rate on the bonds maturing in February is set at 8.25% per annum, and at 8.5% per annum for those maturing in November. Coupons will be paid on a quarterly basis.
The Eurobonds are listed on the Frankfurt Stock Exchange.
Alfa-Bank said these are the seventh and eighth such issues of Eurobonds. The first Eurobonds of ABH Ukraine were placed in December 2015.
Alfa-Bank was founded in 1993. ABH Holding also includes Alfa-Bank in Ukraine, Belarus, Kazakhstan, Russia and Amsterdam Trade Bank N.V. The subsidiaries of ABHH also operate in Cyprus and the UK.