Order Book Closed for Bond Issue by Kemerovo Region
OREANDA-NEWS. November 29, 2013. The order book was closed for a government bond issue by the Kemerovo Region (government registration number RU34001KEM0 from November 18, 2013).
The overall demand for the bonds was more than RUB 1.25 bln whereas the offering totalled RUB 1 bln.
The issuer made the decision to accept 9 investor bids worth a total of RUB 1 bln.
The technical settlements for the bonds will take place on the MICEX on November 29, 2013.
The issuer set the coupon rate at 8.20% annually, which corresponds to a yield of 8.45% annually.
The bonds have a maturity of 5 years (1,825 days) from the date of sale.
The placement was organised by Sberbank CIB1 and VTB Capital.
Information for editors:
Sberbank CIB
The Corporate & Investment Banking Business (Sberbank CIB) was created as part of the integration of Sberbank of Russia and Troika Dialog. Sberbank CIB’s key areas of activity are corporate finance (including trade finance), the documentary business2, investment banking services, trade operations with securities, and private equity. Sberbank of Russia’s Corporate & Investment Banking Business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations.
Комментарии