VEB.RF Redeems Its Eurobond Series 1 Issue

State Development Corporation VEB.RF redeemed its Eurobonds Series 1 issue on July 9, 2020.

The Eurobonds for a nominal amount of US$1600 mn were issued on the Irish Stock Exchange in 2010 with a ten-year maturity period and an annual coupon rate of 6.902%.

The redemption of the Eurobond issue and coupon payments were executed in full and in accordance with the terms of the prospectus.

Irish Stock Exchange cancelled listing of Eurobonds Series 1 with effect from 9th July 2020.

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