November 10, 2017 | Cbonds
On November 22, 2017, from 11:00 to 15:00 (MSK) Oryol oblast will hold the bookbuilding for determination of the first coupon rate for bonds of 34001 series, the arranger informs.
Benchmark of the first coupon rate is 8.2-8.4% per annum, yield to maturity – 8.45-8.67% per annum.
The nominal volume of the issue is 5 billion rubles; the securities have a nominal value of 1,000 rubles each. The first coupon period – 122 days, 2nd-19th coupon – 91 days, 20th coupon – 65 days. Duration is about 3.5 years. Repayment of the issue is carried out by amortization parts for 30% on the end dates of 12th and 16th coupons and 40% on the date of maturity.
Start date of placement is November 27, 2017.
General agent of the issue is SovkomBank. The arrangers are Sovcombank, VTB Capital.
Issue: Oryol region, 34001
|Status||Country of risk||Redemption (offer)||Volume||Emission Rating (M/S&P/F)|
Company: Oryol region finance department
|Full company name||Oryol region finance department|
|Country of risk||Russia|
|Country of registration||Russia|