June 16, 2017 |
Russian Transcapitalbank (TCB) plans to collect bids for 4.095 billion rubles worth of mortgage bonds maturing in May 2045 on June 21, a banking source told PRIME on Friday.
The first coupon guidance was set at 9-9.25% annually, which corresponds to a 9.3-9.58% annually yield to a buyback offer.
The issue carries three-month coupons and has an early redemption option in four years.
The technical placement is preliminary scheduled for June 23.
A special purpose vehicle Mortgage Agent TCB-3 is the issuer. Transcapitalbank, Sovcombank and brokerage company Region are the organizers.
Issue: Mortgage Agent TKB-3, 01
|Status||Country of risk||Redemption (offer)||Volume||Emission Rating (M/S&P/F)|
Company: Mortgage Agent TKB-3
|Full company name||LLC Mortgage Agent TKB-3|
|Country of risk||Russia|
|Country of registration||Russia|