Egidaco Investments PLC, the Parent Company of TCS Bank, completes a purchase of Eurobonds from the market

Egidaco Investments PLC (“Tinkoff”), the parent company of ‘Tinkoff Credit Systems’ Bank (TCS Bank), announced today that it purchased Eurobonds from one of its existing Bondholders.

A counter-offer made by the Bondholder was accepted by Tinkoff and the sale was finalised at 40% of the nominal value of the Bonds.