STLC placed $500 mln 7-year Eurobonds
October 20, 2020
Volume: $500 mln
Coupon Rate: 4.8% annual
Maturity date: February 26, 2028
Listing: Irish Stock Exchange
Investor's demand will equal $1.6 bn.
Geographic breakdown: Europe - 34%, UK - 24%, Asia - 21%, Russia - 14%, USA and other countries - 8%.
Bookrunners: Gazprombank, J.P. Morgan, Renaissance Capital, Sovcombank and VTB Capital.
At the same time, the company intends to buy back its 5.95% 19jul2021 (https://cbonds.com/bonds/236399/) Eurobonds for up to $150 million.
Issue — STLC, 4.8% 26feb2028, USD
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —
Company — STLC
Full nameState Transport Leasing Company