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Information on the coupon payment for Eurobonds XS1601094755, CBOM-perp

12.05.2022

MKB intends to fulfill all its Eurobonds obligations, including paying a coupon on Eurobonds XS1601094755, CBOM-perp. The Bank has the financial resources to make payments and continues to interact with the trustee and the paying agent on this issue.

Additionally, we would like to inform you that on April 6, 2022, the Foreign Commonwealth and Development Office introduced restrictive measures, which include MKB’s assets freeze in UK as well as prohibition on banking operations and clearing for MKB. Besides, the Office of Financial Sanctions Implementation (OFSI) issued a General License No. INT/2022/1544176 to wind down of positions involving MKB until May 6, 2022, within which regular interest payments are limited.

In connection with the above, on April 8, 2022, MKB applied to OFSI to obtain a Treasury License for the comprehensive servicing of Eurobond issues, which will allow payments on the Eurobonds in a standard manner without any transactional restrictions.

We hereby confirm our willingness and readiness to fulfill our obligations and would like to highlight once again that we are making every possible effort to do so, and, in case of obtaining a license, we will immediately make a payment in accordance with the issuance documentation.