Karachay-Cherkessia plans on 18 December to hold a collection of applications for bonds for 2 billion rubles. The technical placement of securities on the stock exchange on 20 December 2017.
Indicative rate 1-go the coupon is in the range of 8.50-8,70% per annum, which corresponds to the yield to maturity on the level of 8.77-8.99% a year.
The bonds circulation term – 7 years. The repayment of the nominal value of the bonds is the amortization installments: 25% of the nominal value in the payment date of the 22nd, 24th, 26th and 28th of coupon income.
The organizer of the placement is VTB Capital.