“RSG-Finans” plans pre-September 13 to collect applications for exchange bonds series BO-03. The technical placement of securities on the stock exchange is scheduled for 15 September 2017.
The indicative coupon rate is in the range of 13.00-13,50% per annum, which corresponds to the yield to maturity on the level of 13.42-13,96% per annum, said a source in the market.
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 3 years, the offer is not provided.
The bonds provide for a surety RSG International Ltd.
The organizers of the placement: the Bank “FC Opening”, BCS Global Markets, “agricultural Bank”, JSCB “Svyaz-Bank”. The placement agent Bank “FC Opening”.
“RSG-Finans” was created in 2010 with the purpose of performing functions on a centralized raising, maintenance, and management of financial resources at public markets of debt capital for projects of Group of companies “kortros is a management” (previously GC “RENOVA-StroyGroup”).