OREANDA-NEWS. July 23, 2012. The Bank of Russia has registered Sviaz-Bank’s report on the issue of its ten-year Series 05 bonds offered to raise 5 billion rubles, reported the press-centre of Sviaz-Bank.  

The Bank’s bonds were sold on the MICEX-RTS Stock Exchange by public subscription. The issue on offer had 5 million bonds at a par value of 1,000 rubles each. Each bond has 20 coupons paying interest at intervals of 182 days each. The first coupon pays interest at a rate of 9.5%, and coupons 2 to 6 pay the same interest as the first coupon.

Fitch Ratings has assigned the following rating to Sviaz-Bank’s Series 05 bonds: –BB long-term rating in the national currency and the –AA-(rus) long-term rating on the national scale.