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Eurobonds MDM Bank, 2011-B (ABS, DPR, FRN)
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Issue information:

• Issuer, issue number: MDM Bank, 2011-B (ABS, DPR, FRN)
• Type of bond: Eurobonds
• Securitisation:Yes
• Issue status:early redeemed
• Par, currency of issue:USD, 100000
• Amount:200 000 000
• ISIN:XS0276183166
• End of placement:Nov 17 2006
• Issue price:100
• Coupon:3mLibor+200bp
• Coupon frequency:4 time(s) per year
• Floating rate:Yes
• Reference rate:3m LIBOR
• Margin:2%
• Settlement date:Dec 15 2006
• Maturity date:Dec 15 2011
• Arrangers:Dresdner Bank AG London Branch and Merrill Lynch International
• Trading floor, listing category: Irish S.E.
• Additional information:Issuer: MDM DPR Finance Company S.A.
Structure Type: Overcollateralisation
Borrower: Joint-Stock Commercial Bank “Moscow Business World” (joint-stock company) (i.e.,MDM)(Ba2 with a Stable Outlook - Long Term Foreign Currency Deposit Ratings)
Pledgor/Originator: Joint-Stock Commercial Bank “Moscow Business World” (joint-stock company) (i.e.,MDM)
Servicer: MDM
Designated Depository Banks: Expected to be The Bank of New York (Aa3) and American Express Bank Inc. (Aa3)(“DDB”)
Currencies: US Dollars and Euros
Indenture Trustee: The Bank of New York
Nature of Receivables: Diversified Payment Rights (“DPRs”)
Average life 2.5 y
Governing Law USA
Force Majeure Yes


The proceeds of the 2012-A Notes are to be partially used for redemption of 2011-B Notes according to Notice pursuant to section 8.2 of the loan agreement and section 5.2 of the indenture, may 9 2007 (Notice of prepament of series 2006-B Loan)
• Files: Prospectus
• Investment banks: Lead manager(s):
 Dresdner Kleinwort
 Merrill Lynch

Borrower:

• Issuer: MDM Bank
• Full issuer name: MDM Bank
• Country:Russia
• Web site:http://www.mdmbank.ru
•Other issues of the issuer:  MDM Bank, 3 - Domestic bonds
 MDM Bank, 2 - Domestic bonds
 MDM Bank, 1 - Domestic bonds
 MDM Bank, 2011-A (ABS, DPR, FRN) - Eurobonds
 MDM Bank, 2013-BC (ABS, FRN) - Eurobonds
All issues of the issuer
• Issuer profile:MDM Bank is one of the leading independent providers of banking services operating in Russia. The bank’s three core business areas are corporate banking, investment banking and financial markets and r ...
• Industry:Banks and financial institutions
Issuer ratings: » rating history

Standard&Poor's BB/Negative Int. Scale (foreign curr.) 10/10/2008
Standard&Poor's BB/Negative Int. Scale (loc. curr.) 10/10/2008
Moody's Ba1/Stable Int. Scale (foreign curr) 05/04/2007
Fitch Ratings BB/Stable Int. Scale (foreign curr.) 09/20/2007
Fitch Ratings AA(rus)-/Stable National Scale (Russia) 09/20/2007
Moody's Interfax Rating Agency Aa1.ru National Scale (Russia) 05/04/2007
National Rating Agency AA+ National scale (Russia) 07/01/2007
Rus-Rating BBB+/Stable National scale (Russia) 03/04/2008
• News on the issuer: 06.09.04 MDM-Bank will organize CLN issue for Kopeika Trading House
28.07.04 EvrazSecurities S.A. Eurobonds
22.06.04 MDM Bank joint stock company: MDM Financial Group: Consolidated Financial Statements for the year ended 31 December 2003
• documents: Consolidated Financial Statements for the year ended 31 December 2003 (377k)

Complete profile

Financial accounting:

Quarterly FFMS Reports:

20081 Q.2 Q.3 Q.4 Q.
20071 Q.2 Q.3 Q.4 Q.
20061 Q.2 Q.3 Q.4 Q.
20051 Q.2 Q.3 Q.4 Q.

COMMENTS:

10.10.07  ING Wholesale Banking Russia:
MDM: Just attractive yield for a good credit
EURO|BONDS
21.09.07  ING Wholesale Banking Russia:
CIS Fixed Income Daily
- MDM Bank upgraded to BB by Fitch
EURO|BONDS|MM|CURR
27.07.07  ING Wholesale Banking Russia:
CIS Fixed Income Daily
- S&P raised MDM Bank’s long-term counterparty rating to 'BB'/Stable
- S&P changed the outlook on Russian Bank Soyuz to Positive
EURO|BONDS|MM|CURR




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