OREANDA-NEWS. February 15, 2012. Investment company Veles Capital has acted as the co-underwriter of the URALSIB Leasing Company bonds issue to 3 billion RUR (76 mln EUR). Demand for Series BO-05 bonds of Uralsib Leasing Company stood at 4 billion RUR (101 mln EUR).

Coupon guidance was released at 11.5% corresponding to yield at 12.01% in 3 years. Uralsib Capital acted as an arranger. Underwriters were Megatrustoil, Russian Standard Bank, Otkritie Bank, Koltso Urala Bank, Russian Agricultural Bank. Co-underwriters was also Project Finance Bank.

Veles Capital investment company has been operating on Russian financial market since 1995 and today is one of the leaders among Russian investment companies which render services on debt market. The company is ranked first at the promissory-notes market of Russia among investment companies by promissory market turnover (18 bln EUR for I Half 2011), enters TOP-5 largest bond market operators among Russian investment companies (22 bln EUR for I Half 2011). According to Cbonds, the company enters TOP-3 promissory-notes issues organizers of non-financial sector corporate issuers of 2010 year in Russia.

Veles Capital renders services on the organization of debt financing for corporate clients, forms the investment portfolios of the debt financial instruments, performs brokerage and depository services, and also carries out analytical support.

Veles Capital is one of the few Russian investment companies with the reliability rating of the international rating agency Standard & Poor’s, which has been raised in December, 2011 to the “B/B/ruA-” with stable forecast. National Rating Agency (NRA) also has assigned Veles Capital rating “AA+” (very high reliability, first level, positive forecast).

Uralsib Leasing is one of the largest and most diversified leasing companies in Russia. Profound 10 year experience of cooperation with foreign and Russian financial institutions and suppliers, as well as the use of modern financial techniques by highly qualified team allows Uralsib Leasing to occupy leading positions at the market. The credit ratings assigned to Uralsib Leasing are among the highest for Russian leasing companies: “BB-” (outlook ‘stable’) from Fitch ratings and “A+” (very high financial stability) and “A.rm” (high risk management level) from Expert RA.