TC Finance redeems debut bond issue worth RUR1bn

OOO TC Finance has fully redeemed a debut bond issue worth RUR1bn. The majority of bonds were bought back in the framework of a put option on September 9. On September 8 the company placed the 2nd bond issue on the OTC market. The 2nd issue matures in 3 years. The 1st coupon was set at 12.6%.

• Status
  redeemed
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  1,000,000,000 RUB
• М/S&P/F
  — / — / —

• Full name
  TC Finance Limited (Moscow)
• Registration country
  Russia
• Industry
  Financial institutions