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Eurobonds of Eastern Bank "B" are for repayment now, before maturity

 
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Eurobonds of Eastern Bank "B" are for repayme... - 3/1/2009 12:19:42 AM   
bookmaker

 

Posts: 1
Joined: 3/2/2008
Status: offline
Bonds are due to 101% repayment now - in accordance of conditions of issue, before date of maturity - because of changing of owner of bank.
Yesterdays price for them was 50% of par value.

Amount of issue - 125 mln USD.
Tranches - 100000 USD.
Coupon (twice per year) - 9,4%
Date of maturity 2010
Standard& Poor's rate is "B".

New owner is very stable and financially safe corp.

http://www.network54.com/Forum/637237/
Merge & Acquisition opportunities for Equity Investors, Debt & Finance Providers, etc.

< Message edited by bookmaker -- 3/1/2009 12:26:24 AM >
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