OREANDA-NEWS. October 28, 2011. The book for accepting applications for acquisition of VEB-Leasing series 08 bonds with a nominal value of R5 bln and a put option three years from the date of sale commencement was closed. The series 08 bonds will reach maturity 10 years from the date of sale commencement.

The series 08 bonds elicited 66 investor bids with coupon rates ranging from 8.60% to 9.00% annually. Total demand for the series 08 bonds during book building totaled R22.978 mln.

Following completion of book building, the coupon rate on the series 08 bonds was set at 8.80% annually.

Taking into account the market situation, the prices of placement, coupon rate on the bonds and demand, VEB-Leasing decided to accept 58 investor bids for the series 08 bonds.

Settlements under the deal will take place upon bond placement on the MICEX on November 1, 2011.

Placement organizers – VEB Capital, Gazprombank, Troika Dialog.