Ukrgasbank Paid a Coupon of B-Series Cherkasy Municipal Bonds
On 24 May 2012, Ukrgasbank paid a coupon under the B-series local bonds of the Cherkasy City Council for the third coupon period for the total of UAH 2,094,000 which accounts for UAH 34.90 per bond. JSB “Ukrgasbank”, acting in its capacity as the Paying Agent, has paid the coupon at the following address: 39 Chervonoarmiiska St., Kyiv 01004.
The bonds issue of the Cherkasy City Council for the total of UAH 60 million was lead-managed and placed by Ukrgasbank.
The coupon rate is fixed at 14% per annum. Maturity dates are 18 through 20 August 2016. The proceeds from the bonds issue shall be used to finance the city development budget for the roads renovation.
29.05.2012