“State transport leasing company” plans roughly 6 September to collect applications for exchange bonds series BO-08. The technical placement of securities on the stock exchange is tentatively scheduled for September 13, 2016.
The benchmark rate of the 1st coupon is in the range of 12.00-12.50% APR, which corresponds to yield to put at the level 12,36-12,89% per annum, according to the materials to be placed.
The company plans to place on an open subscription on 5 million bonds with a nominal value of 1,000 rubles each. Issue volume at face value is 5 billion rubles. The maturity of the loan is 10 years from the date of placement beginning, assumes a 5-year offer at 100% of par.
The issue meets the requirements for inclusion in the Lombard list of the Bank of Russia, according to the materials to investors.
The organizers of the placement: “Alfa-Bank”, Bank “GPB”. Placement agent – Bank GPB.