Bank Finance and Credit carried out the next planned payment under Eurobonds

press release

     On July 22, 2010 Finance and Credit Bank carried out the planned payment of the coupon yield in the sum $ 4.9875 million to Eurobond holders for the sum $95 million.

     In January, 2010 the Bank paid 5% Eurobonds from the sum of initial release to Eurobond holders, thus, completely having satisfied re-structuring condition.

     Let's remind that 30.12.2009 holders of Eurobonds of Finance and Credit Bank officially agreed on re-structuring of 95% of the sum of bonds of the Bank for term four years – till January 25, 2014, with increase in the coupon to 10.5% (earlier – 10.375%) with semi-annual payment of the coupon. Thus payment by the Bank of 5% from the debt sum was one of re-structuring conditions.

Contact for Mass Media Representatives:
Nataliya Napadovska
PR Director
Phone: (044) 499-26-51
e-mail: Nataliya.Napadovskaya@fcbank.com.ua