RVK-Finance sells RUR1.737bn in debut bonds at 12%

OOO RVK-Finance has placed RUR1.737bn worth of Series 01 bonds today. The issue amount is RUR1.75bn. It matures in 3 years and has a one year put option. The bonds carry semi-annual coupons.

62 bids were submitted at auction amounting to RUR2,058m which makes 118% of the issue amount. Coupon rates ranged from 11.65% to 12.25%. The issuer decided to set the coupon rate at 12% and accept a total of RUR1,737.55m of bids. The remaining 12,450 bonds will be placed today during an additional session at 17:40-18:00 MSK. Alfa-Bank is an arranger on the issue. OOO Ronin, FC Uralsib, OOO Deutschebank, OOO MDM-Bank, OAO Promsvyazbank, OOO Nord-Capital, ZAO KMB Bank are underwriters on the issue