OREANDA-NEWS. The order book was closed for EvrazHolding Finance LLC's series 001P-01R bonds with a nominal value of RUB 15 bln. The bonds have a maturity of 5 years, and a coupon period of 182 days. Each bond has a nominal price of RUB 1,000. The placement price is 100% of the nominal.

The initial guidance for the 1st coupon was set at 12.5-12.85% per annum, which corresponds to a yield of 12.89-13.26% per annum. During book building the guidance was lowered to 12.4-12.75%, and then to 12.4-12.65% per annum. The rate for the 1st coupon for EvrazHolding Finance's bonds was set at 12.60%, which corresponds to a yield to maturity of 13% per annum.

Initially the order book had a volume of RUB 10-15 bln, however bids were received for the maximum volume of bonds - RUB 15 bln. Over 30 investor bids were received and overall demand exceeded RUB 20 bln. Following book building the rate for the first coupon was set at 12.60% per annum (yield to maturity of 13% per annum).

Considering the market situation, offering price, coupon rate of the bonds and demand, the issuer decided to accept 30 investor bids.

The technical placement of the issue is planned for March 29, 2016 on the MICEX Stock Exchange.

The placement was organised by Sberbank CIB, VTB Capital, and Russian Agricultural Bank.