Home Credit Bank is planning its first local notes issue totalling up to UAH 300 mil.
Written by on January 21st, 2008 in General.
21.1.2008 - CLOSED JOINT-STOCK COMPANY «HOME СREDIT BANK» (”HC BANK”), one of two representative businesses of Home Credit Group operating in Ukraine, is pleased to announce that it received the approval by the State Commission of Securities and Stock Market (SCSSM) to issue its first ever local Notes in the total nominal amount of up to UAH 300 mil. and is starting the issue period today. The Notes will have ISIN UA4000029748, 5-year maturity, bear 12% p.a. fixed coupon and may be issued at the issue date or in the course of the issue period. HCB is planning to use the 2-month issue period for placement as a tool for liquidity management.