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TAS-INVESTBANK sets a coupon rate on its bonds series A

24.10.2007 10:10
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TAS-INVESTBANK sets 10,75% coupon rate on its bond series A for the closing year before redemption.

The same level of coupon rate was set at the end of September on TAS-INVESTBANK’s bond series B on which investors were having an early redemption option from the 1st to the 5th of October . In spite of substantial decrease of the current yield, the total amount of issue is placed in the market.

According to Deputy Chairperson of CJSC «TAS-INVESTBANK» Maria Volozhinskaya, - «the Bank experienced the put option on its bond series B in the unfavorable conjunction in the international capital markets and growing yields on Ukrainian stocks. Therefore successful placement of TAS-INVESTBANK’s bond series B tested high demand for it’s stocks and trust of investors in TAS-INVESTBANK».

Please find more information about CJSC «TAS-INVESTBANK» on the web-site – www.tas-investment.com.ua

Source material Swedbank Invest
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