OREANDA-NEWS. July 13, 2011. Sviaz-Bank’s Board of Directors meeting resolved to issue Series 03, 04, 05, and 06 interest-bearing nonconvertible documentary bearer bonds with a ten-year maturity to raise 19 billion rubles in all, and approved the required issue documents for the four issues, reported the press-centre of Sviaz-Bank.

Each issue of Series 03 to 05 bonds has a par value of 5 billion rubles, and the Series 06 bond issue is valued at 4 billion rubles at par. Each bond carries a par value of 1,000 rubles. No bonds may be retired before maturity.

Once the bonds are registered officially, they will be sold by public subscription on the floor of the MICEX Stock Exchange. Sviaz-Bank will be both managing underwriter and an agent bank administering the issues.

Sviaz-Bank floated its first-ever four-year bond issue to raise 2 billion rubles on the MICEX Stock Exchange on April 26, 2007.

Sviaz-Bank’s Board of Directors meeting on June 30, 2011, resolved to issue Series 03, 04, 05, and 06 interest-bearing nonconvertible documentary bearer bonds with a ten-year maturity to raise 19 billion rubles in all, and approved the required issue documents for the four issues.

Each issue of Series 03 to 05 bonds has a par value of 5 billion rubles, and the Series 06 bond issue is valued at 4 billion rubles at par. Each bond carries a par value of 1,000 rubles. No bonds may be retired before maturity.

Once the bonds are registered officially, they will be sold by public subscription on the floor of the MICEX Stock Exchange. Sviaz-Bank will be both managing underwriter and an agent bank administering the issues.

Sviaz-Bank floated its first-ever four-year bond issue to raise 2 billion rubles on the MICEX Stock Exchange on April 26, 2007.