Bank ZENIT fulfilled its obligations under 02 series bond issue
Bank ZENIT repaid coupon for the last (sixths) coupon period and redeemed its ruble 02 series bonds. Non-convertible interest-bearing documentary on demand bonds with mandatory centralized depositing were registered on 15 April, 2005, issue state registration number - 40203255В.
3-year maturity bond issue with par value of RUR2,000,000,000 (two billion rubles) was placed at MICEX on 14 February, 2006. Gross coupon payments for six coupon periods amount to RUR504,720,000 (Five hundred and four million seven hundred twenty thousand rubles), obligations are discharged in full. Obligation to redeem bonds at nominal value in accordance with Decision on issuance and Prospectus are also discharged in full. Currently three bond issues of OJSC Bank ZENIT and one eurobond issue are in circulation. Documents on issues are available at www.zenit.ru.
FOR REFERENCE
Banking Group ZENIT was formed in 2005 as a result of the purchase by Bank ZENIT of a controlling stake in JSB Devon-Credit (OJSC). In 2007, the Banking Group acquired OJSC Lipetskkombank and JSB Sochigazprombank LLC (later renamed into Bank ZENIT Sochi). OJSC Spiritbank (the city of Tula) joined the Group in December 2008. According to the consolidated financial statement of the Banking group for 1H2008, made in accordance with IFRS, equity capital of the Banking group amounts to $832 mn, assets amount to $7,777 bn. The Group provides a full-scale range of banking services in the following areas: comprehensive services to the corporate clients, retail services, private banking, investment banking and interbank business. Banking Group ZENIT is represented in 22 of 83 regions of the Russian Federation; its own retail network consists of 154 points of sale. The Group has created a wide international correspondent network of banking partners, with co-operation from more than 80 international institutions in Europe, America and Asia. Bank ZENIT is currently rated Bа3/Stable by Moody's and B+/Stable by Fitch.
Banking Group ZENIT Press center
Tel: +7 (495) 937 07 37, +7 (495) 777 57 07
e-mail: info@zenit.ru
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