OREANDA-NEWS. December 29, 2009. Bank Petrocommerce fully redeemed 3-year unsecured Loan Participation Notes in the amount of USD 425 mln.

The Notes were issued by two tranches: USD 300 mln (on 14 December 2006) and USD  125 mln (on 12 March 2007) at 8.75 per cent p.a.

The issue was arranged by ING Wholesale Banking and Merrill Lynch International.