OREANDA-NEWS. November 8, 2012. The bond issue having duration of 2.89 tears will be sold on the MICEX on 25 October 2012. The bonds carry the following quarterly coupons: Coupon 1 will be set at auction on the start of placement date. Coupon 2 equates to coupon 1. Coupons 3 and 4 equate to coupon 1 minus 0.25%. Coupons 5 and 6 equate to coupon 1 minus 0.5%. Coupons 7 and 8 equate to coupon 1 minus 0.75%. Coupons 9 and 10 equate to coupon 1 minus 1.0%. The issue amortises by 30% on coupon date 4; by 30% on coupon date 6; by 20% on coupon date 8 and by 20% on coupon date 10. Secondary trading will start on the auction date after the auction.

General and placement agent: Rosbank Co-arrangers: VTB Capital, Otkritie Bank, BC Region Underwriters: AlorInvest. Co-underwriters: Zenit Bank, Promsvyazbank, Aton, Bank of Moscow

Veles Capital Investment Company has been operating on Russian financial market since 1995 and today it is one of the leaders among Russian investment companies which render services on debt market. The company enters TOP-5 largest bond market operators among Russian investment companies (41 bln EUR for 2011). According to MICEX-RTS, Veles Capital is a leader of the secondary market for corporate bonds in Russia in terms of 2011 deals. In addition, the company entered TOP-30 investment banks - organizers of bond issues (Cbonds, IH 2012).

Veles Capital organizes debt financing for corporate clients, forms the investment portfolios of the debt instruments, performs brokerage and depository services and 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 ("B/B/ruA-", stable forecast). National Rating Agency also has assigned Veles Capital rating "AA+" (very high reliability, first level, positive forecast).