URSA Bank pays ?14m on coupons

URSA Bank made ?14m worth of coupon payments on its LPN bonds coupons. The coupon yield was determined at 7% a year, the bank’s press officer reports.

Ireland-based URSA Finance Plc went through with its ?400m Eurobonds issue on May 21, 2007. The issue was also coordinated by ABN Amro and Deutsche Bank. The bonds are to be in circulation for three years.

According to URSA Bank, there are currently ?202.17m worth of this issue’s bonds on the market.

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