PrivatBank's liabilities to issue of bank eurobonds exchanged to bank shares 1 234 567

PrivatBank's liabilities to issue of bank eurobonds exchanged to bank shares

en.interfax.com.ua

Liabilities of PrivatBank (Dnipro) to a Special Purpose Vehicle (SPV, Britain), the issuer of the bank's Loan Participation Notes worth $595 million, were included in the bail-in procedure during the bank's nationalization and they were exchanged to the additionally issued shares of the bank when temporary administration worked at the bank, the National Bank of Ukraine (NBU) has said.

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