Eurasian Development Bank Takes Part in Subordinated Loan for Khanty-Mansiysky Bank
30 April 2008
The Eurasian Development Bank participates in a subordinated loan for Khanty-Mansiysky Bank of Russia. This loan of $100 million will be provided until 2018, and EDB will contribute $40 million by purchasing loan participation notes (LPN) issued by BKM Finance Limited (Ireland).
EDB also acts as a lead manager of the LPN issue, jointly with Standard Bank Plc (UK) and Nomos-Bank (Russia).
On 21 April, the LPN issue was listed on the Irish Stock Exchange.