JSC Belagroprombank repaid the interest on its Loan Participation Notes issue
On April 28, 2011 Belagroprombank repaid the semi-annual coupon on its Notes issue in line with the concluded agreement in the amount of USD 4.892 million.
At the beginning of November 2010 Belagroprombank closed the 3-year debut Notes issue for the amount of USD 100 million with a 9.95 per cent coupon listed on Frankfurt Stock Exchange. The issue was lead managed by The Closed Joint-Stock Company “Investment Company “Troika Dialog” and The Royal Bank of Scotland plc.
ith the full and timely repayment of coupon income Belagroprombank confirmed its adequate liquidity level, reliability and strong financial standing.