|28.02.2013 - Cbonds
Russian Standard Bank placed BO-03 and BO-04 bonds totalling RUR 6 bln.
Russian Standard Bank placed bonds of series BO-03 and BO-04 in amount of RUR 6 bln. On the day of placement on MICEX there were 122 deals with BO-04 bonds and 40 deals with BO-03 issue. As previously reported, the Russian Standard set the first coupon rate on BO-03 bonds at 9.8% p.a., and at 10% on BO-04 issue. The size of each 3-year issue is RUR 3 bln. Initial first coupon guidance on BO-03 issue was 9.4%-9.9% p.a.; guidance on BO-04 issue was 9.65%-10.15% p.a. During book-building, the coupon guidance on BO-03 bonds was narrowed to 9.4%-9.8% p.a., and on BO-04 to 9.65%-10% p.a.
Issuer, issue number:
Russian Standard Bank, ÁÎ-03
|Type of debt instrument:||Domestic bonds|
|Type of placement:||Public|
|Par, currency of issue:||
|Amount:||3 000 000 000|
|Registration date:||Apr 24 2012|
|State registration number:||4B020302289B|
|Start of placement:||Feb 27 2013|
|End of placement:||Feb 27 2013|
|Date of circulation start:||Feb 28 2013|
|Yield at Pricing:||10.04%|
|Coupon:||Coupons 1-3 - 9.8%, coupons 4-6 - are set by the issuer|
|Coupon frequency:||2 time(s) per year|
|Settlement Date:||Feb 27 2013|
|Maturity date:||Feb 27 2016|
|Issue Managers:||Arrangers - VTB Capital, Raiffaisenbank, Promsvyazbank
Co-arrangers - GLOBEXBANK, Megatrustoil, NOMOS-BANK, Uralsib Management Company
Underwriters - Avangard, BCS IB, Bank Zenit, CREDIT EUROPE BANK, Natsinvestprombank, KB Citibank
Moscow Exchange, RU000A0JTPJ4 (B, Jul 04 2013) |
Russian Standard Bank is one of the leading consumer lenders in Russia and one the country’s most profitable privately held banks, offering world-class products and services to a broad range of customer audiences. The bank operates in full compliance with international best practices and in continued collaboration with leading financial institutions around the world.
With a well-defined business strategy, high quality financial products and innovative information technologies, Russian Standard Bank pioneered the new consumer lending market in Russia.
Russian Standard Bank dominates the consumer finance sector in Russia with more than 25 million loan customers and nearly 50% of the credit card market. The bank has issued over 25 million credit cards and cooperates closely with approximately 21,000 trading partners. The bank also has a 30% market share of point-of-sale consumer lending, with the majority of loans approved for the purchase of household goods. The total volume of consumer credit loans exceeded US$30 billion as of December 31, 2008.
Russian Standard Bank is one of the largest Russian banks in terms of all key operating indicators. The bank is in the top five in Russia among private retail banks in terms of assets and profits, and is ranked among the “1,000 Largest Banks of the World,” as reported by the British magazine The Banker. The bank’s insurance arm, Russian Standard Insurance, has quickly and successfully expanded into the credit life insurance market with more than 9 million lives insured. In less than three years, Russian Standard Insurance became the top credit life insurer in Russia, and today it is one of the leading term life insurers in the country. Russian Standard Insurance offers innovative life and health insurance policies to personal loan, car loan and credit card loan customers, leveraging branches in 72 cities across Russia.
Powerful Coverage & Regional Expansion
Russian Standard Bank’s distribution network covers 93% of the Russian population. The bank has over 400 branches and representative offices across the country. It offers over 46,000 POS locations in retail outlets and over 2,500 ATMs and cash-in machines. The bank employs 25,000 people across its organization. The bank works extensively in all regions and its volume of personal loans originating outside Moscow continues to grow rapidly, accounting for 83% by value in 2008.
Exclusive Partnership with American Express
Russian Standard Bank is the exclusive issuer of American Express branded credit cards in Russia. Signed in 2005, the partnership with American Express introduced the American Express brand, products and services into the Russian market on a major scale. The partnership was expanded in 2008, placing Russian Standard Bank in charge of: signing new merchants in Russia to accept the American Express Card; managing relationships with existing American Express merchants and processing transactions on the American Express network. Russian Standard Bank’s own merchant network covers more than 90,000 locations in Russia. Since January 2008, the Bank has increased its network by more than 21,000 locations, with plans to extend the network further throughout Russia’s regions.
Russian Standard Bank (“RSB”) is a consumer finance bank organised as a closed joint stock
company under the laws of the Russian Federation.
RSB’s business activities are primarily focused on consumer finance and other retail services,
including credit cards services and deposit taking. As an ancillary business, RSB also offers a variety of
banking, corporate finance, lending and other services to Russian corporate clients (including payment and
account services, cash handling and settlement services).
5 issue(s) outstanding worth USD 1 475 000 000
5 issue(s) outstanding worth RUR 21 000 000 000
1 issue(s) outstanding worth CNY 1 250 000 000