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Russia's Sberbank says it has paid eurobond coupons in roubles

Russia's Sberbank says it has paid eurobond coupons in roubles

reuters.com · 04/29/2022 12:10
Russia's Sberbank says it has paid eurobond coupons in roubles

- Russia's Sberbank said on Friday it had paid coupons on two subordinated eurobond issues in roubles because sanctions by the United States and Britain prevented it from making payments to investors in line with its initial commitments.

Sberbank SBER.MM said it had made the coupon payments in roubles on two subordinated eurobond issues, one totalling $2 billion and maturing in October 2022 and the other worth $1 billion with a maturity in May 2023.


(Reporting by Reuters; Editing by Alexander Smith)