The rate of the 1st coupon on bonds of the Belgorod region 2017 (GOS. reg. room RU35011BEL0) results of collection of applications was set at 8.25% per annum. Initially, the benchmark rate of the 1st coupon on bonds was announced at the level of “not above 8.5% per annum.”
“Investors submitted 28 bids with a total volume of 11.2 billion rubles. Based on the analysis of the register of offers of acquisition of the bonds first coupon rate of the bonds is the Belgorod region at 8.25% per annum. The Issuer accepted 21 offer for the full amount of the securities issue – 4 billion rubles,” – said the regional administration.
The technical placement of securities on the stock exchange on 20 June 2017.
The total volume of issue at nominal cost is 4 billion rubles. The nominal value of one security of the issue 1,000 roubles.
The term of maturity – 7 years, the offer can not be exhibited. The issue terms provide for the amortization of debt payment dates are 17, 18, 22, 24, 26 and 28 coupons 15%, 10%, 25%, 12,5%, 25%, 12,5% respectively.
The issue meets the requirements for inclusion in the Lombard list of the CBR, according to the materials to investors.
The organizers of the placement: Sberbank CIB, VTB Capital, BC Region.