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Published on 3/16/2010 in the Prospect News Emerging Markets Daily.

Russia's Probusinessbank repurchases some series 9, series 10 notes

By Devika Patel

Knoxville, Tenn., March 16 - Probusinessbank said it has bought back RUB 12.4 million of its series 9 notes due July 9, 2010 and $1.23 million of its series 10 notes due Aug. 18, 2010.

Following this, there is RUB 1.66 billion of the series 9 notes and $18.91 million of the series 10 notes remaining outstanding.

Probusinessbank is a Moscow-based lender.


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