OREANDA-NEWS. September 16, 2008. Megabank has effected scheduled coupon payment of UAH3,428 thousand under Series E bonds in a timely manner and to the best extent, reported the press-centre of Megabank.

Key terms of Series E bond issue:

Issue amount – UAH100,000,000; o Face value – UAH1000;

Maturity – 1 096 calendar days, December,10 of 2007 until December, 10 of 2010;

Interest rate – 13.75% (rates for the first-fourth interest period, the fifth-eighth interest period and ninth-twelfth interest period are set out by the Bank’s Supervisory Board);

Coupon payment – on a quarterly basis;

Quantity of offers – 2 (08.12.2008 and 07.12.2009);

Series E bonds are issued on a secured basis. Megabank and Lemma Insurance Company entered into a risk insurance agreement, which contemplates terms and conditions for voluntary insurance of third parties against principal repayment risk and yield payment risk.

Series E-F interest-bearing bonds issued by Megabank at the face amount of UAH200 mln. with maturity period of 3 years were assigned “uaA” long-term credit rating and forecasted as “stable” by Credit Rating, an independent rating agency.