06.08.2009
Re RUR Bond Offering
¹û¶³Ó°Ôº CLOSES BOOK ON OFFERING OF STOCK EXCHANGE BONDS WORTH RUR 25 BILLION
OAO ¹û¶³Ó°Ôº yesterday closed the book on an offering of the stock exchange bonds of the BO-01, BO-02, BO-03, BO-04 and BO-05 series with a total volume of RUR 25 billion.
The bonds will mature after 1092 days and have a coupon period of 182 days. The coupon rate for all five series is set at 13.35% p.a.
The offering was arranged by ZAO Troika Dialog Investment Company.
During book building 126 investors’ requests with the coupon rate ranging from 12.3% to 14.5% p.a. were received. The total demand for ¹û¶³Ó°Ôº papers exceeded RUR 65.85 billion.
The offering, expected to take place on the MICEX on August 10, 2009, is going to be the largest-ever offering of debt securities denominated in rubles.
Currently in circulation are the OAO ¹û¶³Ó°Ôº ruble bonds of series 02 (volume – RUR 6 billion, maturity in November 2009), series 03 (volume – RUR 8 billion, maturity in December 2011), series 04 (volume – RUR 6 billion, maturity in December 2013), and stock exchange bonds of the BO-18, BO-19 and BO-20 series (total nominal value – RUR 15 billion, maturity in June 2010).