Pochta Rossii Closes Issue of Series 02, 03, and 04 Bonds
OREANDA-NEWS. November 01, 2012. FGUP “Pochta Rossii” successfully closed an issue of series 02, 03, and 04 bonds.
The series 02, 03, and 04 bonds were valued at RUB 9 bln and have a maturity period of 7 years. The bonds include a put option after 3 years and pay semi-annual coupons.
The order book for the bonds of FGUP “Pochta Rossii” was closed on October 23, 2012. During book-building 34 investor bids were received for the bonds. Upon conclusion of book-building, the coupon rate was set at 8.70% annually, which corresponds to the lower end of the book-building range.
Arrangers: CJSC “Raiffeisen Bank” and Sberbank CIB1
Co-arranger: JSC “Sviaz Bank”
Co-underwriter: “Aton” LLC
Rating of FGUP “Pochta Rossii” according to Fitch Ratings – “BBB.”
Proceeds from the bond sale will go towards investment and the refinancing of the company’s debt portfolio.
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