February 28, 2013 | Cbonds
Russian Standard Bank placed bonds of series BO-03 and BO-04 in amount of RUR 6 bln. On the day of placement on MICEX there were 122 deals with BO-04 bonds and 40 deals with BO-03 issue. As previously reported, the Russian Standard set the first coupon rate on BO-03 bonds at 9.8% p.a., and at 10% on BO-04 issue. The size of each 3-year issue is RUR 3 bln. Initial first coupon guidance on BO-03 issue was 9.4%-9.9% p.a.; guidance on BO-04 issue was 9.65%-10.15% p.a. During book-building, the coupon guidance on BO-03 bonds was narrowed to 9.4%-9.8% p.a., and on BO-04 to 9.65%-10% p.a.
Emission: Russian Standard Bank, BO-03
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Company: Russian Standard Bank
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