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- Ukrgasbank has paid yield interest of the local registered bonds of Luhansk City Council, series A and B
Ukrgasbank has paid yield interest of the local registered bonds of Luhansk City Council, series A and B
JSB ‘Ukrgasbank’ has arranged the issue and primary offering of the local registered bonds of Luhansk City Council. The total volume of issue amounts to UAH 29.3m, incl. series A — UAH 10m, series B — UAH 19.3m.
The fund raising aimed at the financing the Luhansk city development and infrustructure renewal, namely:
- series A to the reconstructure and other capital expenditures for the total amount not exceeding UAH 10m;
- series B to the construction, modernization, reconstruction, equipment purchase and other capital investments for the total amount not exceeding UAH 19.3m.
The fixed interest rate for the local registered bonds amounts to 10.4% p. a.
The bonds mature on October 29, 2012.
02.11.2011