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Zenit Bank exercises put option on 4th bond issue

09.10.2008 - Cbonds

Zenit Bank exercises put option on 4th bond issue

Zenit Bank exercised a put option on its 4th bond issue on October 8, 2008. The issuer bought back 1,984,791 bonds which makes 66.16 % of the issue.


Issuer, issue number: Bank Zenit, 4
Type of bond:Domestic bonds
Issue status:outstanding
Offering:public
Par, currency of issue: RUR, 1000
Amount:3 000 000 000
Registration date:Feb 20 2007
State registration number:40403255Â
ISIN:RU000A0JP5K9
Start of placement:Apr 04 2007
End of placement:Apr 04 2007
Date of circulation start:Jun 06 2007
Issue price:100
Coupon:1 coupon - at auction. Coupons 2-6 - in accordance with issue documents
Coupon frequency:2 time(s) per year
Settlement date:Apr 04 2007
Maturity date:Apr 06 2010
Issue Managers:Arranger - Bank Zenit
Trading floor: MICEX (A1)

Issuer profile: OJSC Bank ZENIT is one of 15 leading credit institutions in Russia, according to its main characteristics. Bank ZENIT was founded in December 1994 by the Academy of National Economy under the Government of Russian Federation, JSC «TATNEFT» and a number of other legal entities. The chief stockholders of Bank ZENIT are JSC «TATNEFT», International Petro-Chemical Growth Fund Limited, MARDEA Silener Management Ltd.
Outstanding issues:
  4 issue(s) outstanding worth RUR 13 000 000 000
  1 issue(s) outstanding worth USD 200 000 000
Cbonds pages: Bank Zenit
Issuer's rating:
Moody's Ba3/Stable Int. Scale (foreign curr) 04.05.2007
Fitch Ratings B+/Stable Int. Scale (foreign curr.) 05.08.2008
Fitch Ratings A(rus)-/Stable National Scale (Russia) 05.08.2008
RA AK&M A/Positive National Scale (Russia) 05.08.2008
National Rating Agency AA National scale (Russia) 01.07.2007
Rus-Rating BB+/Stable National scale (Russia)










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