OREANDA-NEWS. March 06, 2013. HCF Bank successfully completed placement of BO-02 bond issue, par value RUB 3 billion, maturing in 3 years.

The BO-02 bond issue order book was closed on 25 February 2013. More than 50 investors took part in the book-building process. Bond oversubscription was three times the offer, amounting to RUB 9.4 billion.

Based on market research results, the bonds’ interest rate to maturity was set at 9.40% p.a., the initial marketing range being 9.50-10.00% p.a. In view of the actual demand, the issuer decided to accept the offers of 36 investors.

Alfa-Bank, Raiffeisenbank and Sberbank CIB were the arrangers of the placement.

Co-arrangers: Promsvyaz’bank, Ronin, Rossel’khozbank, EFG AM.