OREANDA-NEWS.  August 27, 2012. Sviaz-Bank’s Board of Directors resolved to issue nonconvertible interest-bearing exchange-traded bearer bonds of three-year Series BO-01, BO-02, BO-03, and BO-04 totaling 20 billion rubles in value and to approve the Securities Prospectus and Securities Issue Decisions, reported the press-centre of Sviaz-Bank.

Each bond issue will have a par value of 5 billion rubles. Exchange-traded bonds have a par value of 1,000 rubles each. The issues come with an option of early bond retirement at the bondholder’s request and the issuer’s discretion.

After the exchange-traded bond issues are assigned individual identification numbers, they will, according to plans, be sold by public subscription on the MICEX Stock Exchange. Sviaz-Bank will act as lead manager and issue offering agent.