Alfa-Bank says to repay 5 bln rbl BO-14 bonds before maturity

MOSCOW, Aug 23 (PRIME) -- Alfa-Bank plans to redeem 5 billion rubles of bonds of the BO-14 issue before maturity, on September 9, the day of end of the 14th coupon period, the bank said in a statement Monday.

The bank placed 15-year exchange bonds in September 2014, the current coupon rate amounts to 8.25% annually.

(74.3640 – U.S. $1)

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