VEB-Leasing Announces Closure of Order Book for Series 06 Bonds
OREANDA-NEWS. February 07, 2012. The book was closed for accepting applications for acquisition of VEB-Leasing series 06 bonds with a nominal value of R10 bln and annual amortization of 20% over a 5 year period.
The series 06 bonds elicited 41 investor bids with coupon rates ranging from 8.75% to 9.50% annually. Total demand for the series 06 bonds during book building totaled R 17 940 mln.
Following completion of book building, the coupon rate on the series 06 bonds was set at 9.00% annually.
Settlements under the deal will take place upon bond placement on the MICEX stock exchange on February 7, 2012.
Placement organizers – VEB Capital, Gazprombank, and Troika Dialog. Technical underwriter – VEB Capital.