Issue information:
| • Issuer, issue number: |
PrivatBank, 2031-B (RMBS) |
| • SPV: |
Ukraine Mortgage Loan Finance No.1 |
| • Type of debt instrument:
| Eurobonds |
| • Type of bonds: |
Coupon bonds |
| • Securitisation: |
Yes |
| • Issue status: |
outstanding |
| • Par, minimum denomination: |
100000
USD, 100 000.0 |
| • Par, integral multiple: |
USD, 1 000.0
|
| • Indexation: |
Step-up 15.04.2014
Interest Rate
after Step-Up Date: 1m LIBOR+ 7.50% |
| • Amount: |
36 900 000 |
| • ISIN RegS: |
XS0285819123 |
| • Common Code RegS: |
028581912 |
| • CFI RegS: |
DBVXBR |
| • Day Count Fraction: |
Actual/360 |
| • End of placement: |
Feb 28 2007 |
| • Coupon: |
1M LIBOR + 375 bps |
| • Coupon frequency: |
12 time(s) per year |
| • Floating rate: |
Yes |
| • Reference rate: |
1m LIBOR |
| • Margin: |
3.75% |
| • Settlement Date: |
Apr 15 2007 |
| • Maturity date: |
Dec 15 2031 |
| • Issue price: |
100 |
| • Rating on issue date (M/S&P/F): |
Ba3/—/B+ |
| • Issue Managers: |
UBS |
| • Listing: |
Irish Stock Exchange |
| • Listing category: |
In Russian Only |
| • Issue ratings: (rating history) |
|
| • Additional information: |
A reserve fund of 4% is in place to cover defaults and potential liquidity shortfalls, while separate reserve funds are in place to cover set-off risks (1.07%) and hardening periods under a Political Risk Insurance policy (4.5%)
Structure Type: True Sale/Pass-Through
Class/Amount/Coupon/Ratings/
Class A/134,1mln/$1mLibor+[•]%/(Baa3//BBB-)
Class B/36,9mln/$1mLibor+[•]%/(Ba3//B+)
Class C/9mln/Fixed Rate/(NR)/ISIN:XS0285820055
|
| • Files: |
Prospectus
|
| • Investment banks:
| Bookrunner:
UBS
|
|
Borrower:
SPV:
|
