Bank ZENIT Paid Coupon On Issue II Bonds
Bank ZENIT paid coupon 4 on issue II bonds on February 18, 2008 (state registration number of issue 40203255B, issue date April 15, 2005). Coupon interest at a rate of 8.39% p.a. , or 42.06 rubles per bond, was paid to bondholders in relation to coupon period 4. The total amount of paid coupon income was equal to 84,120,000 rubles.
Bank ZENIT's 2 bn. ruble 3-year bond loan II was auctioned on MICEX Stock Exchange on February 14, 2006. The auction set the coupon rate at 8.39% p.a. for entire bond maturity period.
ZAO MICEX listed Bank ZENIT's bonds on the Organized State Securities Market on October 15, 2007. This listing allows bondholders to borrow from the Bank of Russia using Bank ZENIT's bonds as security in REPO transactions on ZAO MICEX' Organized State Securities Market.
On January 29, 2008, Bank ZENIT's bonds were included in A Level 1 Quotation List of ZAO MICEX SE.
Bank ZENIT is the arranger, underwriter and payment agent of its bonds.
See issue documents covering Bank ZENIT's bonds at http://www.zenit.ru/investserv/attract/.
FOR REFERENCE:
Banking Group ZENIT relies on state-of-the-art banking technologies to offer a full scale of banking services to corporate and retail customers. According to Bank Group's IFRS consolidated accounts for the first half-year of 2007, it had US$675 mln in equity and US$5.53 bn in assets.
Members of the Banking Group:
OJSC Bank ZENIT (www.zenit.ru) is one of the country's 25 leading private finance and credit institutions in terms of assets, profit and equity (according to Rosbusinessconsulting and Expert RA Rating Agency). Provision of integrated corporate banking services is one of its core areas of operations. Bank ZENIT is actively involved in development and promotion of retail services, and offers its individual customers the full range of banking programs, including deposits, mortgage, consumer and car loans, bank cards, and safe deposit boxes. The Bank also has strong positions in the market for investment and private banking services. Bank ZENIT is rated by international rating agencies at Ba3/Stable (Moody's) and B/Positive (Fitch).
JSB "Devon-Credit" (OJSC) was established in 1992. Today it is one of the best retail and corporate banks in the Republic of Tatarstan. In 2005 OJSC Bank ZENIT and JSB "Devon-Credit" (OJSC) formed a Banking Group.
OJSC Lipetskkombank started up in 1964 as a municipal division of the State Bank of the USSR in the city of Lipetsk. In 1990 it was registered as a social development/construction commercial bank named Lipetskkombank. It joined Banking Group ZENIT in 2007.
Bank ZENIT Sochi (LLC) was founded in 1990 to provide a full spectrum of banking services. It joined the Banking Group ZENIT in 2007.
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