Exchange bonds of Novatek start secondary trading
October 16, 2012
The MICEX started trading in Series BO-02 - BO-04 bonds of Novatek on Quotation List A1 on October 16. Series BО-02 bonds have trading code RU000A0JT502; ISIN RU000A0JT502. Series BО-03 bonds have trading code RU000A0JT536; ISIN RU000A0JT536. Series BО-04bonds have trading code RU000A0JT544; ISIN RU000A0JT544. Novatek sold RUR 20bn in Series BO-02, BO-03 and BO-04 bonds on October 15. The issues have a 3-year tenor and no put/call. Coupons 1-6 were set at 8.35%. The order book for three issues reached RUB 48.9bn. Investors placed 86 bids with coupons in the range from 8.2% to 8.6%. The issuer accepted 52 bids.
Arrangers: Gazprombank, Sberbank CIB;
co-arrangers: Rossiya Bank, Globexbank, UniCredit Bank;
co-underwriters: Promsvyazbank, KIT Finance, TKB Capital, Pervobank.
Issue — NOVATEK, BO-02
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —
Company — NOVATEK
Full namePAO Novatek
IndustryOil and gas