Issue information:

• Issuer, issue number: Absolut Bank, 2010 (LPN)
• Income calculation:
Date of trades
Price %
• Type of bond: Eurobonds-LPN
• Issue status:outstanding
• Par, currency of issue:USD, 100000
• Amount:175 000 000
• ISIN:XS0294196802
• End of placement:Mar 26 2007
• Issue price:100
• Coupon:9.125%
• Coupon frequency:2 time(s) per year
• Settlement date:Mar 30 2007
• Maturity date:Mar 30 2010
• Arrangers:Dresdner Kleinwort, UBS
• Trading floor, listing category: London S.E.
• Issue ratings: (rating history)
Fitch Ratings B Int. Scale (foreign curr.) 04/02/2007
• Additional information:Spread: UST3+465bp
• Investment banks: Lead manager(s):
UBS
Dresdner Kleinwort

Borrower:

• Issuer: Absolut Bank
• Full issuer name: Joint-Stock Commercial Bank ABSOLUT BANK (Closed JSC)
• Country:Russia
• Web site:http://www.absolutbank.ru/
•Other issues of the issuer:  Absolut Bank, 2 - Domestic bonds
 Absolut Bank, 1 - Domestic bonds
 Absolut Bank, - Promisory notes
 Absolut Bank, 2007-4 (STN6) - Eurobonds
 Absolut Bank, 2007-2 (STN4) - Eurobonds
All issues of the issuer
• Issuer profile:Absolut Bank is a full service bank which focuses on corporate lending, trade finance, SME banking and retail business development. The Bank was established by private shareholders in 1993 and today h ...
• Industry:Banks and financial institutions
Issuer ratings: » rating history

Moody's Baa3/Stable Int. Scale (foreign curr) 02/14/2008
Moody's Baa3/Stable Int. Scale (loc. curr.) 02/14/2008
Fitch Ratings A-/Negative Int. Scale (foreign curr.) 12/19/2008
Fitch Ratings AAA(rus)/Stable National Scale (Russia) 12/19/2008
Moody's Interfax Rating Agency Aaa.ru National Scale (Russia) 02/14/2008
National Rating Agency A+ National scale (Russia) 07/01/2007
• documents: Consolidated Financial Statements and Auditor's Report 30 June 2006 (86k)
Consolidated Financial Statements and Auditor's Report 2005 (122k)
Consolidated Financial Statements and Auditor's Report 2004 (142k)
Fitch Ratings 2006 (206k)

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.

Trading info (OTC Market, Jan 07 2009):

Quote bid/offer: 83.5/88.5
YTM bid/offer: 27.24%/21.16%
Weighted average price (Jan 07 2009): 86
YTM: 24.11%

Trading info, archive >>>

Payment schedule:

Date Coupon, % p.a. Coupon size, USD Par redemption, USD Notes
30.09.2007 9.125 4562.5
30.03.2008 9.125 4562.5
30.09.2008 9.125 4562.5
30.03.2009 9.125 4562.5
30.09.2009 9.125 4562.5
30.03.2010 9.125 4562.5 100000

COMMENTS:

24.07.07 ING Wholesale Banking Russia:
CIS Fixed Income Daily
- Moody’s reviews Absolut Bank rating for upgrade EURO|BONDS|MM|CURR
15.03.07 ING Wholesale Banking Russia:
• Placement commentary: CIT-2
• New coupon set for HCFB-3
• Absolut Bank eyeing IPO or sale to strategic investor
 EURO|BONDS