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Rosbank places Series À3 and À5 bonds totalling RUR10bn

03.11.2009 - Cbonds

Rosbank places Series À3 and À5 bonds totalling RUR10bn

Rosbank has placed Series À3 and À5 bonds in full. The 3rd issue matures on November 6, 2013 and the 5th issue matures on November 7, 2014. Each issue amounts to RUR5bn. The 1st coupon rate was set at 12%, coupons 2-3 equal coupon 1. Coupon periods last 183 days each. Each issue has a put option on May 16, 2011.

About 50 investors participated in the book with 60-70% of the total amount of bids accepted.

In September 2009 the Central Bank of Russia registered 6 bond issues of Rosbank each amounting to RUR5bn.


Issuer, issue number: ROSBANK, 10 (À5)
Type of debt instrument:Domestic bonds
Issue status:outstanding
Type of placement:public
Par, currency of issue: RUR, 1000
Amount:5 000 000 000
Registration date:Sep 18 2009
State registration number:41002272B
ISIN:RU000A0JQH69
Start of placement:Nov 03 2009
End of placement:Nov 03 2009
Date of circulation start:Dec 10 2009
Issue price:100
Coupon:Coupons 1-3 - 12%, coupons 4-10 - 7.4%
Coupon frequency:2 time(s) per year
Settlement Date:Nov 03 2009
Maturity date:Nov 07 2014
Issue Managers:Rosbank
Trading floor: MICEX, RU000A0JQH69 (Unlisted securities, Dec 09 2009)

Issuer profile:
«ROSBANK» (OJSC JSCB) is the largest privately owned bank in Russia in terms of branch net, it operates more than 600 outlets, covering over 70 Russia’s regions. The bank operates in Belorussia and Switzerland through Belrosbank (Minsk) and ROSBANK (Switzerland) SA (Geneva). Societe Generale is the principal shareholder of ROSBANK. In February 2008 the Group exercised the option to increase its stake to 50 % plus 1 share hence taking control of ROSBANK. In May 2008 SG increased its stake to 57.6%. In May 2009 Societe Generale Group acquired an additional stake of 7% in ROSBANK from its Russian partner Interros. After this acquisition, Societe Generale owns 64.7% of the shares of ROSBANK. In February 2010 Societe Generale Group and Interros company agreed to combine ROSBANK and other Societe Generale Russian subsidiaries: BSGV (Universal bank), Rusfinance (Consumer credit) and DeltaCredit (Mortgage credit). ROSBANK is one of the leading players in Russian banking market. Since its inception the Bank has demonstrated strong perfomance. ROSBANK is rated by Moody’s, Standard & Poor’s and Fitch. ROSBANK’s primary activities include retail and corporate banking, SME finance, investment banking, treasury related operations, trade finance, asset management, private banking, custody and depositary services, international and domestic settlement services, credit card services. The Bank has established correspondent relations with such financial institutions as the Bank of New York, JP Morgan Chase Bank N.A., the Bank of Tokyo-Mitsubishi UFJ, Ltd., SMBC, Deutsche Bank AG, Commerzbank AG, Credit Suisse, UBS, HSBC Bank USA N.A., Nordea Bank Norge A.S.A., SEB, BBVA, ING and others. ROSBANK is a member of SWIFT, a principal member of VISA International and MasterCard International. It also takes part in the National Securities Association and participates in the currency section and SELT (System of Electronic Tenders) of the Moscow Interbank Currency Exchange. ROSBANK won The Banker magazine’s “Bank of the Year Awards 2008” in the category “Bank of the Year in Russia”. The announcement was made at the Ceremony held in London, November 26, 2008. ROSBANK intends to capitalize on its competitive advantages such as the extensive branch network, full range of banking services for all customer groups, impeccable reputation, experienced staff, financial safety and stability OJSC JSCB Rosbank (CBR Licence #2272 from 27.01.2003) is the largest privately owned bank in Russia (it operates about 700 outlets, covering over 70 Russia’s regions). The bank operates in Belorussia and Switzerland through Belrosbank (Minsk) and Rosbank SA (Geneva). Societe Generale is the principal shareholder of Rosbank, in February 2008 the Group exercised the option to increase its stake to 50 % plus 1 share hence taking control of Rosbank. In May 2008 SG increased its stake to 57.6%. In May 2009 Societe Generale Group acquired an additional stake of 7% in Rosbank shares from its Russian partner Interros. Further to this acquisition, Societe Generale owns 64,7% of the shares of Rosbank. Rosbank is one of the leading players in Russian banking market. The Banker magazine (2008, July) ranked Rosbank 347th among banks globally in terms of shareholders’ equity. Since its inception the Bank's financial indices had a positive record. Rosbank is rated by Moody’s, Standard & Poor’s and Fitch. Rosbank’s primary activities include retail and corporate banking, investment banking, treasury related operations, trade finance, asset management, private banking, custody and depositary services, international and domestic settlement services, credit card services. The Bank has established correspondent relations with such financial institutions, as Bank of New York, Bank of Tokyo-Mitsubishi, Commerzbank AG, Credit Suisse First Boston, HSBC Bank USA, Sampo Bank, IntesaBCI, Nordea Bank Norge A.S.A. and others. Rosbank is ranked second and third among Russian private banks in terms of assets and capital. Over the last few years, Rosbank has been demonstrating rapid growth of all the key indicators. Rosbank has won a British The Banker magazine’s “Bank of the Year Awards 2008” in the category “Bank of the Year in Russia”. The announcement was made at the Ceremony held in London, November 26, 2008.

Outstanding issues:
  1 issue(s) outstanding worth USD 130 000 000
  5 issue(s) outstanding worth RUR 30 000 000 000

Issuer's rating:
Moody's Investors Service Baa2/Stable Int. Scale (foreign curr) 05.07.2011
Moody's Investors Service Baa2/Stable Int. Scale (loc. curr.) 05.07.2011
Standard & Poor's BB+/Positive Int. Scale (foreign curr.) 08.12.2010
Standard & Poor's BB+/Positive Int. Scale (loc. curr.) 08.12.2010
Standard & Poor's ruAA+ National Scale (Russia) 08.12.2010
Fitch Ratings BBB+/Stable Int. Scale (foreign curr.) 09.02.2012
Fitch Ratings AAA(rus)/Stable National Scale (Russia) 17.06.2011
Fitch Ratings BBB+/Stable Int.l Scale (local curr.) 18.01.2012
Moody's Interfax Rating Agency Aaa.ru National Scale (Russia) 05.07.2011
RA Rus-Rating A+ International scale 01.11.2010
RA Rus-Rating AAA National scale (Russia) 30.12.2011
National Rating Agency AAA National scale (Russia)






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