Bondholder information

Eurobonds repaid

USD 100 million

On August 03, 2010 PIVDENNYI has performed the full redemption of its outstanding 3-year Regulation S USD 100 million Eurobond. The redemption was preceded by timely payments of all coupon payments.

In July 2007, the Bank issued its debut Loan Participation Notes in amount of USD 100 million. The Lead Managers of the issue were Standard Bank Plc and PNP Paribas. The 3-year notes were listed at Swiss Stock Exchange.

The proceeds from the offering of the notes were used by Standard Bank Plc (being a legal issuer) for the purpose of funding a loan to the Bank in amount of USD 100 million. The Bank used such proceeds to fund growth in its loan portfolio and for other general corporate purposes. At launch, the deal was recognized for its tight pricing and diverse distribution across the international investor base.

Syndicated loans repaid

USD 46 million

In May 2008 the Bank attracted its forth USD 46 million syndicated loan facility arranged by ABN AMRO Bank N.V., Bayerische Landesbank and ING Bank N.V.. The loan had a one year maturity and was raised for the purposes of the Bank’s trade financing activities. The loan was repaid in full in May 2009 despite domestic economic turbulence.

USD 30 million

In October 2007 the Bank attracted its third USD 30 million syndicated loan facility arranged by Bayerische Landesbank AG and Standard Bank Plc. The loan had a one year maturity with an additional one year extension option and was raised for the purposes of the Bank’s trade financing activities. The loan was repaid on the initial maturity date in October 2008 amidst a challenging global and domestic economic backdrop.

USD 45 million

In May 2007, the Bank attracted its second USD 45 million syndicated loan facility arranged by Landesbank Berlin AG, Standard Bank Plc and VTB Bank (OJSC). The loan had a one year maturity with an additional one year extension option and was raised for the purposes of the Bank’s trade financing activities. The loan was repaid in full in May 2008.

USD 25 million

In November 2006, Bank Austria Creditanstalt and Landesbank Berlin arranged a debut syndicated trade loan to the value of USD 25 million for the Bank. Despite oversubscription, the amount of loan was not increased. That debut syndicated loan was repaid in full in May 2007.