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Russian Standard Bank placed BO-03 and BO-04 bonds totalling RUR 6 bln.

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.
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Issuer, issue numberRussian Standard Bank, BO-03
Type of debt instrumentDomestic bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueRUR 1,000
Amount3,000,000,000
Registration date04/24/2012
State registration number4B020302289B
ISINRU000A0JTPJ4
Start of placement02/27/2013
End of placement02/27/2013
Date of circulation start02/28/2013
Initial issue price100
Yield at pricing10.04
CouponCoupons 1-3 - 9.8%, coupons 4-6 - are set by the issuer
Coupon frequency2 time(s) per year
Settlement date02/27/2013
Maturity date02/27/2016
Issue ManagersArrangers - VTB Capital, Raiffaisenbank, Promsvyazbank
Co-arrangers - GLOBEXBANK, Megatrustoil, NOMOS-BANK, Uralsib Management Company
Underwriters - Avangard, BCS IB, Bank Zenit, CREDIT EUROPE BANK, Natsinvestprombank, KB Citibank
Trading floorMoscow Exchange, RU000A0JTPJ4 (Second level, 07/04/2013)
Issuer: Russian Standard Bank
Issuer profile:
Russian Standard Bank is one of the leading consumer lenders in Russia and one the country’s most profitable privately held banks, offering world-class products and services to a broad range of custo... more
Outstanding issues:
5 issuesRUR21,000,000,000
5 issuesUSD1,475,000,000
1 issuesCNY1,250,000,000
Issuer rating:
Moody's Investors ServiceB2/StableLT Int. Scale (foreign curr)10/04/2013
Moody's Investors ServiceB2/StableLT Int. Scale (loc. curr.)10/04/2013
Standard & Poor'sB+/NegativeLT Int. Scale (foreign curr.)12/03/2013
Standard & Poor'sB+/NegativeLT Int. Scale (loc. curr.)12/03/2013
Standard & Poor'sruA/LT National Scale (Russia)12/03/2013
Fitch RatingsB+/NegativeLT Int. Scale (foreign curr.)10/30/2013
Fitch RatingsA-(rus)/NegativeNational Scale (Russia)10/30/2013
Fitch RatingsB+/NegativeLT Int.l Scale (local curr.)10/30/2013
Moody's Interfax Rating AgencyA3.ru/National Scale (Russia)10/04/2013
RA Rus-RatingBBB-/StableInternational scale02/27/2014
RA Rus-RatingAA-/StableNational scale (Russia)02/27/2014
National Rating AgencyAA+/National scale (Russia)01/23/2014