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Debut bond issue of Chelindbank worth RUR 1bn declared abortive

January 10, 2008 | Сbonds

A debut bond issue of OAO Chelindbank worth RUR 1bn has been declared abortive, according to the bank’s announcement. The issuer intended to place 1,000,000 bonds through public offering at RUR 1,000 face value per bond, the issue to mature in 1092 days from the start of placement. According to the bank’s press service announcement, the issue wasn’t placed due to unfavourable market conditions of the 2nd half of 2007. As for future plans concerning bond issuances the bank hasn’t arrived at any decision yet.

Issue: ChelindBank, 01

StatusCountry of riskAmountIssue ratings (M/S&P/F)
cancelledRussia1,000,000,000 RUB-/-/-

Company: ChelindBank

Full company namePJSC "CHELINDBANK"
Country of riskRussia
Country of registrationRussia
IndustryBanks

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