OREANDA-NEWS. The book was closed for participation in the placement of NOMOS-BANK senior eurobonds worth USD 500 million with a maturity of 5 years. The coupon rate was set at 7.25% per annum.

"We consider this placement successful, especially in the current market situation,” said Deputy President of NOMOS BANK, Dmitry Romaev. “Demand from investors meant the book was significantly oversubscribed. The attracted funds will be spent on developing the Bank’s business".

The lead managers for this transaction are Citi, JP Morgan, VTB Capital, Gazprombank and Nomos Bank. Co-manager is PPF Banka.

In addition to this issue, the Bank has three eurobonds in circulation totalling USD 1.25 billion. A senior issue of USD 400 million was placed in October 2010 maturing in 2013; a subordinated issue of USD 350 million was placed in April 2010 maturing in 2015; and another subordinated issue of USD 500 million was placed in April 2012 maturing in 2019.

About Nomos

NOMOS is currently the sixth largest banking group in Russia by total assets and the second largest privately-owned Russian universal banking group with total assets of RUB 899.9 billion and equity of RUB 90.4 billion under audited IFRS accounts for 2012.

As at 31 December 2012, NOMOS had an extensive branch network in Russia with 300 offices in the economically important regions of the Russian Federation, with the majority of its business concentrated in Moscow, St Petersburg, Tyumen (including the Khanty-Mansiysk autonomous district), the Novosibirsk and Khabarovsk regions.

NOMOS provides a full range of banking services to corporate, small business and retail clients. As at 31 December 2012, NOMOS served approximately 13,500 corporate customers, 85,800 small business clients and almost 1.5m retail customers, including private banking clients.

NOMOS has long-term international credit ratings of BB from Fitch and Ba3 from Moody’s (stable outlook for both ratings).