OREANDA-NEWS. On September 17, 2015, the order book was closed for the purchase of the Omsk Region's series 34002 bonds worth RUB 3.5 bln (70% of the issue with a nominal of RUB 5 bln) during an additional placement. The bonds mature on 15.10.2019 and have an amortised repayment structure.

The initial guidance range for the placement was set at 99.03-98.27% of the nominal, which is equal to a yield to maturity of 13.50-14.00% per annum. During marketing the guidance range was reduced twice to 99.03-98.80% of the nominal (yield of 13.50-13.65% per annum), prior to the closure of the order book.

During book building investors submitted 32 bids. Demand amounted to RUB 8.3 bln. The issuer decided to set the placement price at 99.03% of the nominal, which is equal to a yield to maturity of 13.50% per annum, and accepted 27 bids.

In October 2014, the Omsk Region placed 5-year series 34002 bonds worth RUB 1.5 bln (30% of the issue with a nominal of RUB 5 bln). The issuer set the first coupon at 12.30% per annum. The rates for coupons 2-20 are equal to the first coupon. The issue has an amortised repayment structure: 20% of their nominal value will be redeemed on the date of payment of the 4th, 8th, 12th, 16th, and 20th coupons.

The technical placement of the issue is planned for September 22, 2015 on the Moscow Exchange.

The placement was organised by Sberbank CIB, VTB Capital, Aton, and Gazprombank. Sberbank CIB is the general placement agent.