IDGC of Ural is placing series BO-01 bond at 8.4% p.a.

January 30, 2013 - Cbonds


IDGC of Urals closed the book on series BO-01 issue worth RUR 3 bln. Following book-building, the coupon rate was set at 8.4% p.a. Coupon guidance stood at 8.5%-9%; later, the top limit was lowered to 8.75%.
Issuer, issue numberIDGC of Urals, BO-01
Type of debt instrumentDomestic bonds
Issue statusredeemed
Type of placementPublic
Par, currency of issueRUR 1,000
Registration date07/11/2012
State registration number4B02-01-32501-D
Start of placement01/31/2013
End of placement01/31/2013
Date of circulation start02/01/2013
Initial issue price100
Yield at pricing8.58
CouponCoupons 1-6 - 8.4%
Coupon frequency2 time(s) per year
Settlement date01/31/2013
Maturity date01/28/2016
Issue ManagersLeads: Troika Dialog, VTB Capital
Trading floorMoscow Exchange, RU000A0JTKL1 (First level)
Issuer: IDGC of Urals
Issuer profile:
“Interregional Distributive Grid Company of Urals and Volga”, Open Joint-Stock Company was founded within the framework of Russia's energy system reform as decided by its only founder (Resolution of ... more
Outstanding issues:
2 issuesRUR8,000,000,000
Issuer rating:
Moody's Investors ServiceBa2/StableLT- foreign currency04/27/2016
Moody's Investors ServiceBa2/StableLT- local currency04/27/2016
Moody's Interfax Rating AgencyWithdrawn/National Scale (Russia)03/18/2016