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FinanceBusinessGroup to place 3rd bond issue worth RUR3bn on October 13

October 08, 2008 | Cbonds

OOO FinanceBusinessGroup will place the 3rd bond issue worth RUR3bn on the OTC market on October 13, the company informed. The 1st coupon rate is set at 13.25%. The issue matures in 3 years. It will be placed through public offering at par (RUR1,000 per bond). The issue has a put option on 21.04.2010 at par. TransCreditBank is to arrange the issue.

On June 25 the company sold its 2nd bond issue amounting to RUR3bn and carrying a 10.75% coupon.

Issue: FinanceBusinessGroup, 03

StatusCountry of riskAmountIssue ratings (M/S&P/F)
cancelledRussia3,000,000,000 RUB-/-/-

Company: FinanceBusinessGroup

Full company nameFinanceBusinessGroup LLC
Country of riskRussia
Country of registrationRussia
IndustryFinancial institutions

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