The book of applications for perpetual subordinated bonds of Russian Agricultural Bank of 01T1 and 09T1 series will open on April 18 at 11:00 AM (Moscow time)
April 2, 2018
On April 18, from 11:00 AM to 04:00 PM (Moscow time), Russian Agricultural Bank will hold bookbuilding on subordinated bonds of 01T1 and 09T1 series, as the issuer informs.
The volume of issue 01T1 is 10 billion rubles, 09T1 – 5 billion rubles. The maturity period of securities is not established. In the event that the issue of bonds meets the requirements of federal acts established for subordinated bonded loans, the issuer has the right to decide that the bonds will be redeemed on the end date of the next part of the bond circulation period that lasts 3,640 days. The bonds have a semi-annual coupon (182 days). The bonds are placed by public subscription, and the first coupon rate is determined by the bookbuilding results. The rate of 2-20 coupons is equal to the rate of the first coupon.
The placement date of series 01T1 bonds is April 25, 09T1 – April 26, 2018.
As previously reported, on June 10, 2016, the Central Bank registered ten issues of Russian Agricultural Bank's subordinated bonds in the amount of 75 billion rubles.
Issue — Russian Agricultural Bank, 01T1
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —
Company — Russian Agricultural Bank
Full nameJoint stock company Russian Agricultural Bank