RIA NOVOSTI. Russian International Bank took a decision to place 2-series bonds worth Rub 1.5 bln, the issuer said in a statement. The lending institution plans to float 1.5 mln bonds with Rub 1,000.00 par value each via open subscription. The maturity of the bonds will be 1,098 days (3 years) from the day when the bond placement begins. The option of early bond redemption will not be available. The bond issue is to be secured by surety from RTK Orion. The lending institution’s participants or other persons will not enjoy the preemptive right.
The media wired earlier that on April 27, 2009 the lender paid the fifth coupon and redeemed its Rub 1 bln 3-year debut bond issue, which was floated in April 2006 and arranged by Rosbank.
