MKB has paid coupons of Eurobond CBOM’24 USD to bondholders of Russian depository institutions
7.121% Senior 5 Year US Dollar Note (ISIN – XS1964558339, US12504PAG54) (CBOM’24 USD) (“Eurobond”) to inform you about the coupon payment status.
On December 29, 2022, MKB (the “Bank”) transferred the Eurobond coupon payment to the National Settlement Depositary (“NSD”) in Russian rubles at the CBR exchange rate as of the payment date. Respect for Eurobonds is recorded by Russian depositaries (except NSD). Funds are transferred to security holders through NSD’s infrastructure, bypassing foreign intermediaries.
Payment shall be made in accordance with Presidential Decree No. 95 dated March 5, 2022 “On Temporary Procedures for Satisfying Lending Obligations to Certain Foreign Creditors” and Presidential Decree No. 430 dated July 5, 2022 “Participating Residents Repatriation by Foreign economic activity of the foreign currency and the currency of the Russian Federation ”. Previously, MKB paid coupons on the above Eurobonds in favor of bondholders whose rights in respect of the Eurobonds were recorded in national depositories.
Meeting payment obligations under Eurobonds remains a priority for MKB. For additional information, please contact the IR and Capital Markets team at firstname.lastname@example.org.
Moskovskiy Kreditnyi Bank OAO I published this content on December 30, 2022 You are solely responsible for the information contained therein. It will not be edited or modified and will be distributed by the public. December 30, 2022 06:37:20 UTC.