“Tinkoff Bank” will redeem Eurobonds in the amount of $62,907 million at face value, the Bank said.
As previously reported, on may 31, 2017 the Bank has exposed the offer to purchase Eurobonds with maturity in 2018 (ISIN XS0808636913) for up to $200 million redemption Price of the securities will be $1107,5 per $1,000 of principal.
Settlement date is scheduled for June 13, 2017. The volume of issue in circulation after the buyback will be $95,678 million
As previously reported, “Tinkoff Bank” has placed a perpetual subordinated Eurobonds for $300 million with a coupon rate of 9.25% per annum.