State Development Corporation VEB.Russian Federation on Thursday redeemed the Eurobonds series 1.

Let's remind, bonds for the total sum of $1600 million have been placed on the Irish Stock Exchange in 2010 for the term of ten years and with the coupon rate of 6,902% per annum.

According to the corporation, VEB.RF redeemed in full the Eurobond issue, as well as fully closed the coupon payment according to the requirements of the issue prospectus.

Listing of Eurobonds of a series 1 on the Irish Stock Exchange has ended, since Thursday, July 9 of this year.

VEB.ru is a state-owned development corporation whose primary objective is to promote the country's long-term economic development. In cooperation with commercial banks, the organisation helps finance major infrastructure improvement projects as well as industrial and social development, the strengthening of the technological potential and improving the quality of life of citizens.

Made in Russia // Made in Russia

Author: Ksenia Gustova