Lenenergo Places its Series BO-01 Bonds
OREANDA-NEWS. April 22, 2013. JSC Lenenergo has successfully held a tender to determine the first coupon for its series BO-01 bonds.
JSC Lenenergo held a tender to place its series BO-01 bonds worth RUB 3 bln. The bonds have a 3-year (1,092 days) maturity.
During the tender, 47 investor bids were placed with the coupon rate falling between 8.05-8.50% per annum. Total demand for the bonds equalled RUB 5.8 bln.
As a result of the tender the coupon rate for the series BO-01 bonds was set at 8.25% per annum.
The placement was arranged by Sberbank CIB1 and VTB Capital.
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