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Published on 4/9/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Renaissance Securities holders exercise put on 11% securities due 2016

By Tali Rackner

Norfolk, Va., April 9 - Renaissance Securities Trading Ltd. said holders are exercising their put option on $199,085,000 of its 11% securities due April 21, 2016, according to a filing with the London Stock Exchange.

Following the April 22 transaction, $125,915,000 will remain outstanding.

Moscow-based Renaissance is an investment bank operating in the Russian financial market.


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