OREANDA-NEWS. December 13, 2010. Raiffeisenbank arranged an inaugural placement of Series BO-7 exchange bonds issue in the amount of 5 bn roubles, reported the press-centre of Raiffeisenbank.

The issue will carry six half-year coupon periods.

Following the bidding, the coupon rate to redemption was set at 7.50% p.a.

The issue has been fully placed.

The placement was arranged by  Raiffeisenbank.

"Given the current market circumstances, we believe this placement is an unequivocal success for us not only as an issuer, but also as a highly professional investment bank that has achieved an advantageous placement in a not quite so favourable environment," said Sergei Monin, Deputy Chairman of the Board and Head of Treasury Division of Raiffeisenbank.

Co-arranger of the issue is  "AB "ROSSIYA".

Underwriters include "Deutsche Bank", AKB "MBRR", Bank "West LB Vostok".

Со-underwriters are "Promsvyazbank", "Brokers "REGION".

The Series BO-07 bonds of  Raiffeisenbank have been awarded preliminary investment ratings.

Fitch: long-term fInternational Scale rating BBB+, long-term National Scale rating AAA(rus).

S&P: long-term International Scale rating BBB, long-term National Scale rating ruAAA.

"We are very pleased with the placement results, which prove that the Bank enjoys deep confidence of inverstors," said Pavel Gurin, Chairman of the Management Board of  Raiffeisenbank. "We would like to thank our partners and bidders. The funds raised through the issue will give us more capacity to meet the needs of our customers".