The rate of the 1st coupon of the bonds “Toyota Bank” series BO-001Р-01 is set according to the results of collection of applications in the amount of 8.05% per annum, said the report Issuer.
Initially, the benchmark rate of the 1st coupon was announced in the range of 7.95-8.20% APR (yield to maturity – 8,11-of 8.37% per annum), which was then repeatedly reduced.
The technical placement of securities on the stock exchange on 30 November 2017. The Bank plans to place on an open subscription on 5 million bonds with a nominal value of 1,000 rubles each. The bonds circulation period is 3 years, offer is not provided.
To issue a guarantee, issued in accordance with Dutch law, from Toyota Motor Finance (Netherlands) B. V.
The organizers of the placement: Raiffeisenbank, ROSBANK. Placement agent – ROSBANK.
The issue is within the program of exchange bonds of series 001Р total amount to 100 billion rubles or its equivalent in foreign currency.