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Sunday, August 20, 2017

NOMOS-BANK repays senior Eurobonds issue of $400 million

NOMOS-BANK, one of Russia's largest private listed banks, has fulfilled its obligation to repay the senior Eurobond issue of $400 million placed in Oct. 2012 with a maturity in 2013.

NOMOS-BANK currently has four outstanding Eurobond's with a total volume of $1.65 billion. A subordinated issue in the amount of $350 million was posted in April 2010 with a maturity in 2015, a subordinated issue in the amount of $500 million was posted in April 2012 with a maturity in 2019, a senior issue in the amount of $500 million was posted in April with a maturity in 2018 and a subordinated issue in the amount of $300 was posted in December with a maturity in 2019.

NOMOS-BANK has 21 branches and 31 representative offices in Russia. It was co-founded by Igor Finogenov, now the CEO of the Eurasian Development Bank. Its current owners include the Czech PPF Group, the Slovak businessman Roman Korbacka and the Russian ICT Group.