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Alfa Bank Ukraine completes Eurobond placement for USD 250 mln

Alfa Bank Ukraine completes Eurobond placement for USD 250 mln

6 August 2008

Alfa Bank Ukraine announced yesterday it completed placement of USD 250 mln Eurobonds. The tenor of the Eurobonds is three years with a put option after one year, coupon is 12%. Credit Suisse and HSBC led manage the issue. Last week Moody’s Investors Service announced it has assigned the bonds a long-term foreign currency rating of Ba3.

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