Credit Europe Bank fully places sixth series bond issue worth 4 bln rubles
MOSCOW. Feb 16 (Interfax) - Credit Europe Bank entirely placed its sixth series bond issue worth 4 billion rubles on Tuesday, the bank said in a statement.
The bank placed its three-year bonds on the MICEX by open subscription. The bonds have a face value of 1,000 rubles each.
The first coupon rate was set at 8.3% through book-building. The rates of the second and third coupon equal that of the first. The bid book for investors was open between January 26 and February 11. Alfa-Bank and Citibank accepted investor applications for the issue.
The bonds have six semiannual coupons.
Russia's Central Bank registered this issue on April 15, 2010.
Credit Europe Bank was 47th biggest bank by assets at the end of 2010 according to the Interfax-100, compiled by the Interfax Center for Economic Analysis.