A coupon on USD 600,000,000 subordinated Eurobonds was paid in full
On 5 October 2018 CBOM Finance plc paid out interest on the 10.5-year USD 600,000,000 7.5% subordinated Eurobonds issued in March 2017 to finance a subordinated loan to CREDIT BANK OF MOSCOW (ISIN: XS1589106910, US12504PAD24). The loan is included in the Bank’s Tier II capital. Interest is paid semi-annually. The total amount of interest paid was USD 22,375,087.50.
The Eurobonds are callable in October 2022 and on every coupon date thereafter. Сitigroup, Credit Suisse, HSBC, ING, J.P. Morgan, Raiffeisen Bank International, Societe Generale, Unicredit Bank and REGION Broker Company acted as Joint Lead Managers and Bookrunners for the issue.
Currently, there are six Eurobond issues of CBOM Finance plc in circulation: five issues with a total outstanding principal of USD 2.4 bln and one RUB 5 bln issue. Further information on the Eurobonds is available in the Investor relations section of our website.