OREANDA-NEWS. On April 26, 2007 Sviaz-Bank completed its first public bond issue in amount of 2 billion rubles on the Moscow Stock Currency Exchange, reported the press-centre of Sviaz-Bank. The bonds were placed trough public offering. The first coupon rate was set at 8,9% per annum, effective yield to maturity was 9,2% per annum. The bond placement syndicate included: co-managers - Absolut Bank and MDM-Bank; underwriters - the National Standard Bank, Limited Liability Company Commercial Bank, Veles Capital Investment Company, East Capital Invest, Raiffeisenbank Austria, Gazenergoprombank, SPURTBANK and Ursabank; co-underwriters - Alfa-Bank, the REGION Group, Russian International Bank, Corporate Financing Bank, and SLAVINVESTBANK.


Investors had made 36 bids in total amount of 2,405 million rubles at nominal cost. The issuer accepted 31 bids in a total amount of 2 billion rubles at nominal cost. The bonds have a four-year matutiry, a tender will be held in two years (27 April, 2009).