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JSC UkrSibbank paid a coupon for the first coupon period of the Railways bonds

02/02/2012

JSC “UkrSibbank” as payment agent of the issue announced that on January 31th 2012, a coupon for the first coupon period of the Railways bonds was fully paid as follows:

• of the issue of series C bonds of State Regional Specialised Association "South-Western Railway"  (Issue volume UAH 300 000 000,00)
• of the issue of series B bonds series of State Regional Specialised Association "Lviv Railway" (Issue volume UAH 200 000 000,00)
• of the issue of series B bonds of State Company "Odessa Railway"  (Issue volume UAH 200 000 000,00)
• of the issue of series B, C bonds of State Company "Donetsk Railway" (Issue volume UAH 200 000 000,00 (B bonds),  UAH 300 000 000,00 (C bonds))
• of the issue of series B bonds of Statute Regional Specialized Association "South Railway"  (Issue volume UAH 300 000 000,00)


Main issue parameters:
• Bonds type: registered, interest-bearing, secured;
• Issue type: open (public);
• Nominal value of 1 bond: UAH 1 000;
• Maturity date:  28.10.2014 - 29.10.2014;
• Put option: not available;
• Coupon: 14,5 % p.a. in UAH;
• Coupon period: 91 days;
• Depositary: PrSC «AUSD»;
• Payment agent: JSC “UkrSibbank”








Reference:

South-Western Railways is a well equipped transport artery running through Kyiv, Chernihiv, Sumy, Zhytomyr, Khemlnytskyi, Vinnytsia, Poltava, and Cherkasy oblasts with aggregate population of 20 million. South-Western Railways connects Ukrainian railways with that of the European Union through 6 border crossings.

South-Western Railways carries both passengers and freight on international and interstate routes. In Q1 2011, it has transported 34,654,200 passengers and 25,566,200 tonnes of freight. Operating income makes up to UAH 2,094.7 m. Operating profit makes UAH 264.3 m. To meet the demand for railroad services, the railroad undergoes upgrading of operating equipment, capital assets accumulation, and capital construction. In Q1 2011, a total of UAH 505.2 m. has been invested into the railroad.  

South-Western Railways has paid off previously issued series A and B bonds and interests, thus discharging its obligations in full.


Donetsk Railways is a well equipped transport artery operating in Donetsk and Lugansk oblasts, as well as in separate parts of Dnipropetrovsk, Kharkiv, and Zaporizhzhia oblasts with aggregate population of 12 million. The issuer transports passengers on a seasonal basis. During summer season (June through September), the volume of travelling passengers increases by nearly 60%.

In Q1 of 2011, Donetsk Railways transported 13,271,400 passengers and 58,444,800 tonnes of freight. The total volume of supplies coming through the railroad made 11,852.4 m tkm.

In 2011, the railway transport was upgraded with a view to improve efficiency of the infrastructure, ensure its financial sustainability, and determine ways of further economic and social development.

Donetsk Railways has paid off previously issued series A bonds and interests, thus discharging its obligations in full.

 

Southern Railways is a well equipped transport artery with tracks running through Kharkiv, Poltava, Sumy oblasts, as well as separate parts of Donetsk, Luhansk, Kirovohrad, and Chernihiv oblasts with aggregate population of 20 million. Its geography, routing, and route sections make it an important transit railway.  

Southern Railways transports both passengers and freight on international and interstate routes.
In 2010, the company has transported 107,543,300 tonnes of freight and 80,204,805 passengers; during Q1 2011 these figures came to 26,324,526 tonnes and 17,553,991 passengers, respectively. In 2010, the company generated operating income in the amount UAH 107,821,000, and UAH 1,319,000 in Q1 2011.
To meet the needs in railroad transport services, the railway undergoes reconstruction of station-houses, stations, operating equipment, accumulation of capital assets, and capital construction. In 2010, the total of UAH 1,285,878,000 was invested into the railway infrastructure, and in Q1 2011 this amount reached UAH 201,897,000.

Southern Railways has paid off previously issued series A bonds and interests, thus discharging its obligations in full.


Odesa Railways operates in the South-Western part of Ukraine with its tracks covering six oblasts, namely: Odesa, Mykolaiv, Kherson, Cherkasy, Kirovohrad, and Vinnytsia. Odesa Railway accounts for 20% and 16% of total Ukrainian railway freight and passengers turnover, respectively. Close proximity of sea and river ports makes this railway heavily loaded. The passenger turnover of Odesa Railways in 2011 approached 6.6 m passenger-kilometers, exceeding the last year figures by 207,000 passenger-kilometers (3.2%). Passenger turnover indicates the volume of ferrous metals transported as well as demonstrates efficiency of this means of transportation.

State enterprise “Odesa Railways” carries both passengers and freight on international and interstate routes.

In Q1 2011, the company generated a total operating income of UAH 1,710,252 thou of which UAH 1,596,045 and UAH 114,207 thou were received from freight and passenger transportation, respectively. In 2010, state enterprise “Odesa Railways” issued series A bonds in the total amount of UAH 220 m.

The issuer has paid off previously issued bonds and interests, thus discharging its obligations in full.


Lviv Railways is a well equipped traffic artery operating in Lviv, Ternopil, Rivne, Volyn, Ivano-Frankivsk, Chernivtsi, Zakarpattia oblasts with aggregate population of 12 million. Its geography, routing, and route sections make it an important transit railway. Lviv Railways links Ukrainian railroads with that of the European Union through 14 border crossings.

In 2010, the company has transported 68,445,400 passengers and 52,818,400 tonnes of freight. Its income for the reporting period made UAH 47,546,000.

In Q1 2011 the company has transported 16,237,400 passengers and 15,362,500 tonnes of freight. Its income for the reporting period made UAH 10,874,000.

To meet the needs in railroad transport services, the railway undergoes reconstruction of station-houses, stations, operating equipment, accumulation of capital assets, and capital construction
 

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UkrSibbank JSC (www.ukrsibbank.com) was registered on June 18, 1990. The bank has banking license No. 75 and General License for currency transactions No. 75, issued by the NBU on October 5, 2011. As of January 1, 2012, its net assets were UAH 32.86 bn; capital stood at UAH 1.25 bn; the credit investment portfolio comprised UAH 20.52 bn; corporate client funds were UAH 13.10 bn; and private client funds – UAH 11.21 bn. The regional network currently encompasses more than 700 outlets throughout Ukraine, and the ATM network, comprising 1,550 units, is the third largest in the country. 84.99% of shares of UkrSibbank JSC are held by the BNP Paribas Group, and 15% of shares are held by the EBRD. The bank is audited by the international company PriceWaterhouseCoopers (Audit) AF LLC and AF South Star LLC.




UkrSibbank Press Service: +38 044 201 22 71
Tatyanа Shikеrjavajа T_shikerjavaja@ukrsibbank.com
Vіktоrya Tоmin Viktorya.Tomin@ukrsibbank.com
Olga Buriak Olga.Buriak@ukrsibbank.com
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