Credit Bank of Moscow : MKB paid coupon on the USD Eurobonds CBOM’17-perp to noteholders in Russian depositories

MKB paid coupon on the USD Eurobonds CBOM'17-perp to noteholders in Russian depositories

20.05.2024

Please be informed about the status of the subordinated perpetual USD Notes, issued in May 2017 (ISIN: XS1601094755/ US12504PAE07) (CBOM'17-perp).

On May 20, 2024 MKB ("the Bank") paid out coupons on the subordinated perpetual Eurobonds CBOM'17-perp. The payment was made in Russian rubles at the CBR exchange rate as of the date of payment in favour of the all noteholders in Russian depositaries (the central depository / other depositories of the Russian Federation) as at 8 May 2024, in accordance with the Executive Order dated March 5, 2022 No. 95 "On Temporary Procedures for Meeting Loan Obligations to Certain Foreign Creditors" and the Executive Order dated July 5, 2022 No. 430 "On the Repatriation by Residents Participating in Foreign Economic Activity of Foreign Currency and the Currency of the Russian Federation".

In November 2022, the coupon rate for the next coupon periods was set at 8.974% per annum.

Fulfillment of payment obligations under Eurobonds remains a priority for MKB. For any additional information, please contact us via e-mail: [e-mail].