News by country: Russian Federation

Bulgaria Financial Forum: International Investment Bank and other development banks are committed to supporting infrastructural development of the region

Bulgaria Financial Forum: International Investment Bank and other development banks are committed to supporting infrastructural development of the region

April, 19, 2018 The IIB Delegation, headed by Director of the European Regional Office Igor Barat, participated in the international financial forum “Infrastructure for Growth”, which was held on April, 17, 2018 in Sofia (Bulgaria). This financial summit, which is widely regarded as a business event of paramount importance for all of Southeastern Europe, was organized at the initiative of Bulgarian Development Bank and was timed to coincide with the Bulgarian presidency of the Council of…  Read more
Following its recent S&P rating upgrade the IIB places its inaugural CZK transaction

Following its recent S&P rating upgrade the IIB places its inaugural CZK transaction

International Investment Bank (IIB) successfully priced its inaugural CZK denominated private placement transaction with 3-year floating rate notes amounting to CZK 501 mln. This transaction is another step in IIB’s successful strategy of diversifying the funding sources by tapping its European Union member states’ markets. In addition, for the first time, the issuer is intending to proceed with a dual listing on both Prague and Vienna Stock Exchanges. Placement was arranged by one of the…  Read more
Successful return of the IIB on Russian debt market

Successful return of the IIB on Russian debt market

On April 27, 2017, the International Investment Bank (IIB) held a successful secondary placement of ruble bonds of 02 series, or “mibovki”, previously re-purchased under the regular put option. The volume of the secondary placement amounted to RUB 2.98 billion. Thus, the whole issue, RUB 3 billion is again in circulation. The order book opened on April 26, 2017, with the initial range of 100.0-100,45% of the nominal value, which corresponds to yields of 9.46-9,73% (the coupon rate was…  Read more
IIB finances the sole Russian producer of galvanized rolled products for EUR 40 million

IIB finances the sole Russian producer of galvanized rolled products for EUR 40 million

The International Investment Bank (IIB) issued a loan facility for the Lysva Metallurgical Plant ZAO (LMZ) – the sole Russian producer of galvanized rolled products with coatings – and disbursed the first tranche. The parties concluded a credit agreement for the amount of EUR 40 million. According to the agreement, which was signed at the IIB headquarters, the term of the deal is for 3 years and assumes that a limit is reviewed on an annual basis. The contract can be renewed as a result of the…  Read more
IIB develops its dialogue with Slovakia

IIB develops its dialogue with Slovakia

Mrs. Dana Meager, the State Secretary of the Ministry of Finance of the Slovak Republic, paid a working visit to headquarters of the International Investment Bank (IIB). The meeting was also attended by H.E. Peter Priputen, Ambassador Extraordinary and Plenipotentiary of the Slovak Republic to the Russian Federation, and Mr. Igor Dertso, head of the Trade and Economic Section of the Embassy. The Chairman of the IIB Board, Nikolay Kosov, his Deputy from Slovakia, Mr. Joseph Kollar, and members…  Read more