AK Bars Bank to offer RUR 5 bln in BO-01 bonds on October 18

AK BARS Bank has scheduled the offering of series BO-01 issue of RUR 5 bln for October 18, the issuer reports. The book will be open until October 16, 2012. The loan matures in 3 years. Coupon period is 6 months. The issue terms include a put option after 1 year at 100% of face value. The first coupon rate will be determined during book-building. According to the issue materials, the coupon guidance is 9.25% - 9.75%, which corresponds to a yield to put of 9.46% - 9.99% p.a. BO-01 bonds meet the requirements for inclusion in CBR Lombard List and MICEX Quote List A1. Arrangers are AK BARS Bank, NOMOS-BANK, BC REGION.

• Status
  redeemed
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  5,000,000,000 RUB
• М/S&P/F
  — / — / —

• Full name
  Joint-Stock Commercial Bank "AK BARS" (Public Joint-Stock Company) AK BARS Bank
• Registration country
  Russia
• Industry
  Banks