Khreschatik Bank : Khreschatyk Bank: interest on Kyiv City Council’s 2011 foreign loan was paid

Kyiv City Council has paid the total of US 300 million in interest on 2011 foreign loan bonds.

Khreschatyk Bank as a payment agent for this foreign loan has remitted the payout amount is US 14.0625 million on 09 January 2015. The interest was paid in full and by the due date. This way, Kyiv City Council proves its status of a reliable borrower which guarantees to service all, including foreign, liabilities. It helps Kyiv build positive credit history on both domestic and international financing markets.

For your interest:

Kyiv City Council's 5-year foreign loan bonds worth US 300 million were floated in 2011 at the interest rate of 9.375% APR. The lead managers for this Kyiv City Council's loan are Credit Suisse Securities (Europe) Limited, Deutsche Bank AG London Branch, VEB Capital LLC and VTB Capital PLC, with Khreschatyk Bank PJSC as a co-manager.