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Published on 5/1/2009 in the Prospect News Emerging Markets Daily.

Russia's ProBusinessBank buys back some notes due July 2010 for RUR 40 million

By Jennifer Chiou

New York, May 1 - JSCB ProBusinessBank said it repurchased on Wednesday some notes due July 9, 2010 for a total of RUR 40 million.

The notes were issued through PBB LPN Issuance Ltd. The outstanding balance is now RUR 1.68 billion.

ProBusinessBank is a Moscow-based lender.


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