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Russia’s Promsvyazbank buys back $39.62 million 5¼% series 11 notes
By Susanna Moon
Chicago, March 7 – OJSC Promsvyazbank has bought back $39,617,000 of its $250 million 5¼% series 11 loan participation notes in the open market.
After the repurchases, $210,383,000 million of the notes remain outstanding, according to an announcement by PSB Finance SA.
The notes were issued on Oct. 23, 2012.
Promsvyazbank is a Moscow-based lender.
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