Monday, December 18, 2017

Nomos Bank places BO-04 three-year exchange bonds

Nomos Bank announced last week the Micex placement of three-year exchange bonds, BO-04, valued at $140 million.

Initially placed on December 28, 2011, the bonds have a set interest rate for its first and second coupons of 9.3 percent annually. The first coupon's interest rate amounts to $1.28 per year and the second coupon's rate totals $1.30 annually.

The total coupon yield payable for the first and second issues is $12.88 million.

Interest income payments will be made on the first coupon on August 28, 2014, while the second coupon will be made payable on February 28, 2015.