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) - EurobondsAll issues of the issuer |
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| • 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 | ||||||||||||||||||||||||||||||||||
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| • 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:
| 2008 | 1 Q. | 2 Q. | 3 Q. | 4 Q. |
| 2007 | 1 Q. | 2 Q. | 3 Q. | 4 Q. |
| 2006 | 1 Q. | 2 Q. | 3 Q. | 4 Q. |
| 2005 | 1 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