VEB Redeems Its Eurobond Series 2 Issue

State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)" redeemed its Eurobonds Series 2 issue on November 22, 2017.

The Eurobonds for a nominal amount of USD 600 mn were issued on the Irish Stock Exchange in 2010 with a seven-year maturity period and an annual coupon rate of 5.45%.

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 2 with effect from 22nd November 2017.

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