Demand for bonds “CHTPZ” series 001Р-04 amounted to more than 16 billion rubles. “The new release has aroused great interest from all groups of investors: banks, individuals, property managers and investment companies. During the bookbuilding at the final rate was filed 17 applications with a total volume of over 16 billion roubles”, – is spoken in the company message.
The rate of the 1st coupon on results of collection of applications was installed at the rate of 8.95% per annum, but the initial indicative rate of the 1st coupon was announced in the range of 9.00-9.25% APR.
The technical placement of securities on the stock exchange on 20 June 2017.
The total volume of issue at face value is 10 billion. A maturity of 10 years exhibited 4-year offer.
Bonds of the issue placed in the framework of the program of exchange bonds totaling 50 billion rubles or its equivalent in foreign currency. Earlier in the programme, the company has attracted three tranches for a total amount of 15 billion rubles at face value.
“Today, 8.95% per annum is one of the best indicators in the Russian steel industry. The fourth issue was the company’s most successful yield to maturity and spread to OFZ,” commented Deputy Director General for Finance and Economics of JSC “CHTPZ” Valery Borisov.