Russia’s success with 30-year eurobond to simplify long-term corporate bond issuance – Finance Ministry

 

Finance Minister Anton Siluanov considers the successful 30-year eurobond sale an important landmark as the issue may become a benchmark for long-term corporate issues. “The most important fact is that 30-year bonds garnered the most demand. It us important as we have other issuers who can raise such long-term money,” Siluanov told journalists Thursday.
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Issuer, issue numberRussia, 2042
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 200,000
Amount3,000,000,000
State registration number12840061V
ISINXS0767473852
End of placement03/28/2012
Date of circulation start04/20/2012
Initial issue price97.553
Yield at pricing5.798
Coupon5.625%
Coupon frequency2 time(s) per year
Settlement date04/04/2012
Maturity date04/04/2042
Issue ManagersCitigroup, Deutsche Bank, BNP Paribas, VTB Capital, Sberbank
Trading floorMoscow Exchange, XS0767473852 (First level), London S.E., Berlin Exchange
Cbonds page: Russia
Issuer profile:

Russia, the Russian Federation is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects. Russia is also the world's ninth most populous nation with 143 million people as of 2012. Extending across the entirety of northern Asia and much of Eastern Europe, Russia spans nine time zones and incorporates a wide range of environments and landforms.

Outstanding issues:
58 issuesRUR5,102,126,933,000
11 issuesUSD45,684,574,656
1 issuesEUR750,000,000
Issuer rating:
Dagong CreditA/StableInternational scale rating (foreign curr.)10/30/2012
Dagong CreditA/StableInternational scale rating (local curr.)10/30/2012
Organisation for Economic Co-operation and Development (OECD)3/Country Risk Classifications06/27/2014
Moody's Investors ServiceBaa2/NegativeLT Int. Scale (foreign curr)10/17/2014
Moody's Investors ServiceBaa2/NegativeLT Int. Scale (loc. curr.)10/17/2014
Standard & Poor'sBBB-/NegativeLT Int. Scale (foreign curr.)10/24/2014
Standard & Poor'sBBB/NegativeLT Int. Scale (loc. curr.)10/24/2014
Standard & Poor'sruAAA/LT National Scale (Russia)10/24/2014
Fitch RatingsBBB/NegativeLT Int. Scale (foreign curr.)07/25/2014
Fitch RatingsWithdrawn/National Scale (Russia)09/05/2011
Fitch RatingsBBB/NegativeLT Int.l Scale (local curr.)07/25/2014
Rating Agency Expert RAA-/Foriegn curr. scale11/06/2014
Rating Agency Expert RAA-/Local curr. scale11/06/2014