OREANDA-NEWS. The purchase order book for 5 bln. rubles Exchange Bonds BO-03 Series issue with 3-year maturity term starting from the beginning of placement of the Exchange Bonds was closed.

The book was opened on April 1, 2013 with coupon rate guidance at 8.75% - 9.00% per annum.

Strong interest towards JSC “Aeroflot” Exchange Bonds issue allowed lowering the initial marketing range on the date of the order book closure at first to 8.50% - 8.75% per annum and later to 8.30% - 8.50% per annum.

During marketing stage 62 purchase orders from investors with coupon rate range 8.30% - 8.80% were submitted. Aggregate demand for Exchange Bonds BO-03 Series issue totaled 15.2 bln. rubles – by the order book closure time the issue was oversubscribed more than 3 times.

As a result of high demand the Exchange Bonds BO-03 Series coupon rate was settled at 8.30% per annum. With regard to market conditions, price of the issue, bond coupon rate and existing demand, JSC “Aeroflot” made a decision to fulfill 31 purchase orders from investors.

Technical placement will be carried out on April 4, 2013 at CJSC “MICEX Stock Exchange”.