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News
02/03/2010
Ceska sporitelna launches New Bonds in the Volume of CZK 200 million
Ceska sporitelna launches a new issue of the structured
bonds with following characteristic:
| Issuer: |
Ceska sporitelna (rated A1/A by Moody’s/S&P’s) |
| Total Aggregate Volume of the Issue: |
CZK 200,000,000 |
| Nominal Value: |
CZK 10,000 |
| Interest Rate: |
The bonds will not bear interest. The bond yield depends on
future development of PX Index and will accrue in a lump sum as at the final
maturity date. |
| Issue Date: |
3 February 2010 |
| Maturity: |
3 February 2014 |
| Fiscal and Paying Agent: |
Ceska sporitelna |
| Listing: |
The bonds will not be listed on any regulated market |
| ISIN: |
CZ0003702284 |
The bonds are issued in the form of a collective bond. The collective bond,
similarly to a unit trust, is the joint property of the bond holders. The
number of individual bonds held by the investor corresponds to the size of his
share on the nominal value of the collective bond. A registry of the bond
holders is maintained by the Fiscal and Paying Agent for the Issue, Ceska
sporitelna. A bond holder can transfer his bonds, or any number of them, to
another person.
The bonds are intended for sale to retail investors. Interested parties can
purchase the bonds at selected branches of Ceska sporitelna from 4 February
2010. The smallest number of the bonds that can be purchased is 3 pieces. The
actual list of the branches offering the bonds as well as other information
about the bond issue and the conditions for its distribution, are available at
Ceska sporitelna’s website www.csas.cz
and by calling to the free customer line of Ceska sporitelna
800 207 207. The execution of the investment is very easy, as the
client does not need to have an account in the Securities Centre.
The base prospectus of the Bond Program, which contains the issue conditions
for all the bonds issued under the Bond Program (the maximum volume of
outstanding bonds under the Program is CZK 75 billion), the duration of the
Program is 10 years, and the maximum maturity of any bond issued under the
Program is 30 years, has been published on the Ceska sporitelna’s website www.csas.cz. The website, www.csas.cz, includes also the Issue
Supplement containing supplementary information to the Bond Program and other
information concerning the bond issue.
For further information please contact the Press Centre of Ceska
sporitelna Financial Group (CSFG):
Press release - PDF vesion [new window]
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