OREANDA-NEWS. Transcapitalbank opened the order book for acquisition of its series BO-02 bonds with a notional value of RUB 2 bln and with a put option 1 year after placement. The coupon guidance was 9.75-10.00% annually. Sberbank CIB arranged the issuance.

Active interest in the bond offering allowed the initial coupon rate to be reduced to the lower end of the guidance – 9.70% annually. The total demand for the bonds was RUB 5.8 bln.

Taking into consideration the market situation, price of the placement, coupon rate and demand for the bonds, Transcapitalbank made the decision to accept 44 investor bids.

“We are very pleased that the complex situation in the market did not dampen investors’ interest in our Bank. We are satisfied with the outcome and would like to thank all the participants of the placement,” commented Olga Gryadovaya, Chairperson of Transcapitalbank.

The technical placement of the bonds will take place on the MICEX Stock Exchange on June 11, 2013. The issuance was arranged by Sberbank CIB. Joint arrangers: BC REGION, Promsvyazbank. Со-arrangers: М2М, ATB and Bank Saint Petersburg.

Underwriters: Russobank, Russian Standard Bank, GLOBEX, Russian Agricultural Bank, Sovcombank, Vostochny Ekspress, Vesta, FDB, Pervobank, Avers, Bank of Settlements and Savings, Bystrobank, Izhcombank, Rosenergobank, Rusnarbank. Co-underwriters: NBD, IS Bank, Chelindbank, IC Everest, Bank Globus, Ipotekbank, Mezhtopenergobank, IC Veles Capital.