October 31, 2012 | Cbonds
|UTair-Finance is poised to sell Series BO-09 and BO-10 bonds worth RUB 3bn on November 16, according to issue materials. The face value per bond is RUB 1,000. Bonds will be sold at par. The bonds have a 3-year tenor. The issues have a 1-year put option with the purchase price set at 100% of face value. |
Coupon guidance is in the range 11.25% - 11.75%. YTP ranges between 11.74% and 12.28%. Coupon 1 will be set by the issuer based on book-building results. Coupons 2-4 equate to coupon 1. The order book will be open from November 7 till November 14.
BC Region, Promsvyazbank, Petrocommerce Bank, and Ursa Capital are arrangers on the issues. The issues are expected to trade on MICEX Quotation List A1.
Issue: UTair Finance, BO-09
|Status||Default||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|early redeemed||Yes||Russia||11/13/2015||1,500,000,000 RUB||-/-/-|
Company: UTair Finance
|Full company name||UTair Finance|
|Country of risk||Russia|
|Country of registration||Russia|