“Russian Railways” today from 11:00 to 15:00 Moscow time to collect applications for exchange bonds series 001P-04R, said in a statement.
The technical placement of securities on the stock exchange is scheduled for August 17, 2017.
Indicative rate of the 1st coupon on bonds is in the range of 8.30-8.50% APR, which corresponds to yield to put at the level of 8.47-8.68% APR.
Output – Benchmark (at least 15 billion rubles). Nominal value of one security – 1000 rubles. The maturity of bonds 15 years, it is assumed 8-year offer.
The organizers of the placement: Sberbank CIB, Russian agricultural Bank. The placement agent is VTB Capital.
The accommodation is in the framework of the program of exchange bonds with a total volume of 150 billion rubles or its equivalent in foreign currency. Previously, the Issuer has already engaged in the programme 45 billion.