OREANDA-NEWS. The Board of Directors of Svyaz-Bank has made a decision on the placement of the debut bonded loan for the total sum of 2 billion roubles. The issuance of 2 million bonds with the par value of 1 thousand roubles is planned.

The placement will pass on the open subscription. Repayment of bonds will be made in the non-cash order by money resources in roubles of the Russian Federation in favour of owners of bonds.

The opportunity of selection of the form of repayment, and also pre-schedule repayment of bonds are not provided. Term of circulation of securities will make 4 years. The issue stipulates for payment of 16 quarter coupons.