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Russian Standard buys back $6.23 million 7½%, 8.485% notes
By Susanna Moon
Chicago, March 24 - Russian Standard Bank said Russian Standard Finance SA repurchased $5.5 million of its 7½% loan participation notes due Oct. 7, 2010 and $730,000 of its 8.485% loan participation notes due June 29, 2010 on Tuesday.
After the buyback, there is $455,562,000 of the 7½% notes outstanding and $387.27 million of the 8.485% notes outstanding.
Russian Standard Bank is a Moscow-based retail bank.
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