OREANDA-NEWS. September 14, 2012. PSB announces it has successfully issued Series BO-07 bonds (identification number 4B020703251B dated 30/07/2012) with a total nominal value of 5 billion rubles and the coupon rate at 10.15% per annum, reported the press-centre of Promsvyazbank. 

The full issue was placed on September 6, 2012 and received 77 applications from a wide range of investors, including trade, government and foreign banks, investment and management companies. The issue was oversubscribed by 1.4x.

During preliminary marketing of the bonds, coupons were offered to investors at a price range of 10.00-10.50%. 

The syndicate for the issuance included:

- Co-organizers: CJSC GLOBEXBANK, OJSC NOMOS-BANK, LLC REGION Brokerage Company, CJSC ROSENERGOBANK, CJSC UniCredit Bank;
- Underwriters: OJSC Asia-Pacific bank, JSCB Russian Capital (OJSC), LLC Investment company Center-Capital, LLC UBS";
- Co-underwriters: LLC Investment company VELES Capital, LLC Deutsche Bank, OJSC JSB OTKRYTIE, OJSC Pervobank, CJSC Raiffeisenbank, OJSC JSCB Rosbank, OJSC JSCIB Tatfondbank, Commercial bank FDB (LLC).

The bonds were issued with a 2-year put option and the interest rates on the second, third and fourth coupon issues will be equal to the rate of the first coupon.

The parameters of the issue correspond to the latest changes in legislation: the coupon on the bonds is paid through OJSC National Settlement Depository 2 times a year, with no suspension of trading on the CJSC MICEX Stock Exchange aftermarket.