B & n Bank has placed Euro commercial paper of $36.8 million

B & n Bank has placed Euro commercial paper of $36.8 million


The new tenth edition in the amount of $ 36.8 million was held in the framework of Euro-commercial paper programme with a total volume of 300 million dollars. The maturity term is 6 months, a yield of 6.25% per annum.

MOSCOW, 16 Oct. B & n Bank has placed the tenth series of Euro-commercial papers in the amount of 36.8 million dollars, is spoken in the message of the credit organization.

The placement of the new issue took place in the framework of Euro-commercial paper programme with a total volume of 300 million dollars. The maturity term is 6 months, a yield of 6.25% per annum.

“The main investors of the 10th ECP – European names, including new partners. The involvement of Latin American investors was limited. We continue to create sustainable customer demand in Latin America and we hope that in future releases the investors from this region will increase the volume of their applications,” — said in an accompanying commentary, senior Vice President of the Bank Irina Komarova.

Representatives of the Bank in August 2015 held meetings with management investment companies, funds and banks in Latin America as part of a None-Deal Road Show. Program Euro commercial securities for a total volume of 300 million dollars was recorded in the summer of 2012.