OREANDA-NEWS. December 02, 2011. Sviaz-Bank acted as lead manager and underwriter of Series 16 exchange-traded bonds issued by TransFin-M LLC to raise 1 billion rubles, reported the press-centre of Sviaz-Bank.

The bond issue was sold on the MICEX Stock Exchange by public subscription. The entire issue was sold out. The interest rate on the first coupon was fixed at 9.7% per annum. The interest rate of coupons 2 to 6 was the same as that of the first coupon. The coupon interest payable on a bond will be 48.37 rubles per security.

The Series 16 bond issue offered by TransFin-M LLC has a maturity of ten years.