OREANDA-NEWS. October 19, 2009. Alfa Bank Ukraine repaid USD 23.5 mln and EUR 26.9 mln on a syndicated loan it took out in October 2008. Alfa Bank said that it was its last large external debt payment due this year. Alfa drew the two-tranche syndicated loan at LIBOR+2% and EURIBOR+2%, respectively.

Concorde Capital: Earlier, in mid-September, Alfa fully met its obligation on series F and G local bonds, executing put option for the amount of UAH 600 mln (USD 74 mln). The bonds matured in September 2012. After restructuring its outstanding Eurobonds in July 2009 for a total of USD 850 mln in new 2012 notes, Alfa’s desire to repay its debts indicates the lender’s confidence in its funding sources with regard to future repayments, in our view.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.