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UniCredit to place RUR 20bn worth of bonds in 2008-2009

February 27, 2008 | Prime-Tass

UniCredit is currently getting ready a RUR 20bn bond issue, according to Andrey Yumatov, a member of board.

“We intend to register the issue in 2008, and after this we will have one year to place it. The time of placement will depend on the market conditions, as we are in no hurry. We have just redeemed the previous bond issue.”

The Bank of Russia registered UniCredit’s new articles and its new name – Bank UniCredit. The bank is 100% owned by Bank Austria Creditanstalt included into UniCredit Group.

Company: UniCredit Bank

Full company nameAO UniCredit Bank
Country of riskRussia
Country of registrationRussia


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