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Bank Petrocommerce Redeemed Eurobonds in the Amount of US$425 mln

On 17 December 2009, Bank Petrocommerce fully redeemed 3-year unsecured Loan Participation Notes in the amount of US$425 mln.

The Notes were issued by two tranches: US$300 mln (on 14 December 2006) and US$ 125 mln (on 12 March 2007) at 8.75 per cent p.a.

The issue was arranged by ING Wholesale Banking and Merrill Lynch International.

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