Tatfondbank has completed the calculations for placement of Eurobonds for $60 million, the order book has been formed and closed on 3 November 2016. Accommodation sold under long-term agreed strategy, said in a press release from the Bank.
The coupon on three-year bonds will be 8.5% per annum. Of issue by the Issuer is a special purpose company TFB Finance D. A. C., registered in Ireland. The listing of Eurobonds was carried out on the Irish stock exchange.
Among the purchasers of Eurobonds investors from Switzerland, great Britain, Hong Kong, Russia, and Bank notes.
The joint global coordinators of the issue of Eurobonds made by the company with the headquarters in Hong Kong – SC Lowy and national Capital. Joint bookrunners and joint lead on the deal steel SC Lowy, Merdeka Capital, BINBANK and Sberbank CIB.
It is planned that the issue will also be admitted to trading on the Moscow exchange by lowering the minimum trading lot to $1000 that will allow you to purchase bonds to a larger number of retail investors, the report says.