Sviaz-Bank Acts as Leading Co-Manager of Rosselkhozbank Bonds
OREANDA-NEWS. August 03, 2011. Sviaz-Bank acted as leading co-manager of Series 12, 13, and 14 bonds issued by Rosselkhozbank at a total par value of 20 billion rubles, reported the press-centre of Sviaz-Bank.
The bonds were sold on the MICEX Stock Exchange by holding an auction to fix the offering price of the bonds. The interest payable on the bonds was fixed at 7.7%, the lower limit of the price spread.
All the three issues at 5 billion, 5 billion, and 10 billion rubles par value, respectively, were sold out completely. The aggregate demand for bonds was three time as large as the price of the bonds on offer.
The three issues will have a maturity of 10 years, and each comes with a four-year buyback option.
Комментарии