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"Meganbank" PLC has promptly and in full size repaid the coupon on bonds series E
20/03/2008

On the 11-th of March 2008 "Megabank" PLC has promptly and in full size paid the coupon on bonds series Å in the amount of 3 428 thousand UAH.

Basic conditions of series "Å" issue:

  • The sum of issue is UAH 100,000,000.00;
  • The principal value of one bond is UAH 1000.00;
  • The bond circulation period – 1 096 calendar days, from the 10-th of December 2007 to the 10-th of December 2010;
  • The coupon rate is 13,75% (the rate for the first-fourth periods, the rate for the fifth- eighth, ninth-twelfth interest periods is established by the Supervisory Board of the Bank);
  • The coupon repayment is held once a quarter;
  • The quantity of offers is 2 (08.12.2008 and 07.12.2009);
  • Collateral – the bonds are secured by agreements with the Insurance Company "Lemma" on voluntary insurance against the third parties so as to insure the risk of the Issuer non-repaying the principal sum of debt and profit on bonds.

The Independent Rating Agency "Credit-rating" has assigned the long-term rating uaA- to the issue of interest bonds (series E-F) "Megabank" PLC in the amount of UAH 200 million with the circulation period of 3 years.