OREANDA-NEWS. May 30, 2014. The order book was successfully closed for Eurasian Development Bank’s series 09 bonds worth RUB 5 bln.

The bonds will have a 2 year put option with a price equal to 100% of the nominal value.

During book-building more than 30 investor bids were received totaling RUB 9.2 bln. During marketing the indicative price fell from 9.65-9.90% to 9.65-9.75%. Eurasian Development Bank set the first coupon at the bottom of the guidance range – 9.65% annually.

Given the market situation, placement price, coupon rate, and demand for the bonds, Eurasian Development Bank made the decision to accept 21 investor bids.

Organizers are Sberbank CIB1, VTB Capital, Gazprombank and Raiffeisen Bank.