Nizhny Novgorod oblast on the results of collection of applications has established the rate of the 1st coupon on bonds 2017 in the amount of 8.1% per annum, which corresponds to effective yield of 8.35% per annum.
“The volume of demand exceeded 37 billion rubles. the Range of interest rates in the bids amounted to a 7.85-8,20% per annum. Based on the analysis of the register of offers of acquisition of the bonds first coupon rate approved by the Issuer in the amount of 8.1% per annum, which corresponds to effective yield of 8.35% per annum,” – said General agent embed – BK “REGION”.
The technical placement of securities on the stock exchange on 23 October 2017. The total volume of issue at nominal value is 12 billion rubles.
The maturity of securities is 5 years. Repayment of par value is depreciation: the payment date 8th coupon- 15% of the nominal value 10th coupon- 20% from the nominal value, 11-th coupon – 15% from the nominal value, 15-th coupon – 20% of par, 18-th coupon – 10% of face value, 20-th coupon – 20% of par.
The organizers of the transaction: BC Region, VTB Capital, Sovcombank.