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ABH Ukraine Company, the Shareholder of Alfa-Bank (Ukraine), Successfully Registered the Fifth Issue of Eurobonds in the Amount of USD 50 million

October 19, 2016. TAG: Financial Services

On October 11, 2016, ABH Ukraine Company – the sole shareholder of Alfa-Bank (Ukraine), which owns 100% of the Bank’s shares – has issued Eurobonds in the amount of USD 50 million, with a coupon profit of 9% per annum, quarterly coupon, and repayment in December 2018. The Eurobonds were issued with due account for the rules outlined in Regulation S of the U.S. Securities and Exchange Commission with a listing on the Frankfurt Stock Exchange.

This Eurobond issue was the fifth such issue of ABH Ukraine Company over the last 12 months that speaks for the high confidence of the investment community to the financial instruments of Alfa Banking Group (represented by ABH Holdings S.A.).

“High confidence of the members of the European debt instrument market allowed ABH Ukraine Company, the shareholder of Alfa-Bank Ukraine, to successfully complete the fifth issue of Eurobonds in less than 12 months. Continued strong investor demand for the bonds of ABH Ukraine Company, denominated in both US dollars and Euro, enables us to follow the designated development strategy steadily and successfully. Alfa-Bank (Ukraine) is for many years rated among the most reliable banks in the country as confirmed by the regulator, independent experts, rating agencies, and definitely by the trust attained from our Clients,” noted Rushan Hvesyuk, the Chief Executive Officer of Alfa-Bank (Ukraine).

See the ownership structure of Alfa-Bank Ukraine at https://alfabank.ua/en/investor-relations/structure

Let us recall that on October 12, 2016, the National Bank of Ukraine approved the closing of the deal between ABH Holdings S.A. (ABHH, Luxembourg) and UniCredit Group (UCG, Italy) under which UniCredit Group had transferred 99.8 % of shares in Public Joint Stock Company “Ukrsotsbank” to holding company ABH Holdings S.A. in exchange for a minority 9.9% stake in ABHH.

Alfa-Bank (Ukraine)

ABH Holdings S.A. (ABHH) is a privately owned Luxembourg-based investment holding company investing into several banking groups in the CIS and Europe. ABHH includes Alfa-Bank (Russia), Alfa-Bank (Ukraine), PJSC “Ukrsotsbank” (Ukraine), Alfa-Bank (Belarus), Alfa-Bank (Kazakhstan) and Amsterdam Trade Bank N.V.

Alfa-Bank (Ukraine), registered in Ukraine in January 2001, ranks among the largest banks in Ukraine. Alfa-Bank (Ukraine) operates in all key sectors of the banking sphere.