OREANDA-NEWS. The order book was closed for the issue of three-year, series BO-01 bonds by CJSC Mikoyanovsky Meat-processing Plant valued at RUB 2 bln. The bonds have a put option of one-year from the beginning of the sale of the bonds.

The order book was opened on January 29, 2013, with coupon guidance falling between 12.50-13.50% annually. During book-building, the upper coupon range was lowered to 13% annually.

During the course of book-building, 32 investor bids were received with the coupon rate falling between 11-13% annually. Total demand for the series BO-01 bonds equaled RUB 4.5 bln.

Upon conclusion of book-building, the coupon rate for the series BO-01 bonds was set at 12.5% annually. Taking into consideration the market situation, cost of placement, coupon rate and demand for the bonds, CJSC Mikoyanovsky Meat-processing Plant made the decision to accept 31 investor bids.

Arrangers: Sberbank CIB, Russian Agricultural Bank Co-arranger: M2M Private Bank.