OREANDA-NEWS. An issue of 3-year, series BO-02 bonds of LLC Home Credit and Finance Bank with a notional value of RUB 3 bln was successfully placed.

The order book for the series BO-02 bonds was closed on February 25, 2013. During book-building, over 50 investor bids were received. The issue was oversubscribed by more than three times with total demand equaling RUB 9.4 bln.

Upon conclusion of book-building, the coupon rate for the bonds was set at 9.4% annually. Initial guidance for the coupon was in the range of 9.5-10% annually. Taking into consideration investor demand, the issuer made the decision to accept 36 investor bids.

Arrangers: Sberbank CIB On the basis of CJSC “Sberbank CIB”, Alfa Bank, and Raiffeisenbank. Co-arrangers: Promsvyazbank, RONIN, Russian Agricultural Bank, and EFG AM.