March 07, 2017 | Cbonds
|TransFin-M finished placing 5 million Series 001R-02 bonds on March 6, the issuer reported.|
As reported earlier, coupons 1-2 for TransFin-M's Series 001R-02 bonds were set at 12.75% p.a. (RUB 63.58 per bond). The total coupon payment is RUB 317.9m per coupon period.
Coupon guidance was narrowed twice during the book-building stage, to 12.75%-13% (YTP 13.16%-13.42%) and to 12.5%-12.75% (YTP 12.89%-13.16%). The final guidance stood at 12.75% (YTP 13.16%). Initial coupon guidance ranged between 12.75% and 13.5% (YTP 13.16%-13.69%).
Coupon periods last 6 months (182 days). The issue has a 1-year put option.
Orders were collected from 11:00 am till 4:00 pm (Moscow time) on March 2.
The issue maturing in 10 years amounts to RUB 5bn.
ZENIT Bank, B&N Bank and Sovcombank are arrangers on the issue.
Issue: TransFin-M, 001P-02
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||TransFin-M PJSC|
|Country of risk||Russia|
|Country of registration||Russia|