UkrSibbank Completes Primary Placement of Series E Bonds of Agromat
OREANDA-NEWS. June 07, 2011. JSC “UkrSibbank”, the underwriter to the issue, has fully completed the primary placement of E bonds of “Agromat” Ltd. in the total amount of UAH100 million, reported the press-centre of UkrSibbank.
Volume of received bids has exceeded nominal volume of the issue, which allowed to place the bonds with nominal yield of 14.22% per annum (equal to effective yield of 15%), which is 1.78% below the announced coupon yield (16% per annum). Sale of bonds to the investors was executed through PFTS Stock Exchange.
Key issue parameters:
Volume of issue: UAH 100,000,000.00;
Open (public) placement;
Par value of 1 bond: UAH 1,000;
Bonds circulation term: 3 years;
Offer: 1 year;
Interest income for interest periods 1-4: 16% per annum in UAH;
Interest period: 91 days;
Depository: Private Joint Stock Company “All Ukrainian Securities Depository”;
Issue manager and underwriter: JSC “UkrSibbank”;
Payment agent: JSC “UkrSibbank”.
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