Renaissance Capital placed 5-yr. international bonds worth USD 200 mln

Renaissance Capital placed 5-yr. international bonds worth USD 200 mln, according to the materials from Renaissance Securities Trading Ltd. The yield is 9.5% p.a. The bonds imply a 2-yr. put option. Within the issue, Renaissance Capital international bonds maturing in April 2016 and with the yield of 11% (the volume of outstanding issue as on the announcement of the exchange is USD 125.915 mln) will be exchanged for USD 96.31 mln out of USD 200 mln. The exchange is to be completed on April 14. The exchange agent is The Bank of New York Mellon. Renaissance Securities (Cyprus) Limited and UBS Limited arrange the issue.

• Status
  outstanding
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  200,000,000 USD
• М/S&P/F
  — / — / —

• Full name
  Renaissance Capital
• Registration country
  Russia
• Industry
  Financial institutions