OREANDA-NEWS. June 27, 2011. TransCreditBank made a regular coupon payment in the amount of USD 15.9 million under the USD 350 million Senior Loan Participation Notes (ISIN XS0372158054) and fully redeemed the issue. The payment was made from the Bank’s own funds.

The Notes with a fixed semi-annual coupon and 3-year maturity were floated on the Irish Stock Exchange on June 23, 2008. JP Morgan and Dresdner Kleinwort acted as arrangers and placement agents of the issue.

JSC "TransCreditBank" (www.tcb.ru), established in November 1992, is a top-15 Russian bank by assets. The Bank provides a full range of banking services to its corporate and retail clients. The Bank’s extensive network of almost 300 offices covers over 190 cities and communities across Russia. TransCreditBank’s shareholders are JSC Russian Railways (54.4%) and Bank VTB (43.2%). The Bank has the following credit ratings: Ba1 (Stable) from Moody’s and BB (Stable) from Standard & Poor’s.