"Avtoban-Finance placed exchange-traded bonds worth 5 billion rubles"

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"AUTOBAN-Finance" placed exchange-traded bonds worth 5 billion rubles.

The issuer placed exchange-traded bonds of series BO-P07 for 5 billion rubles at their nominal value.

The company sold 5 million bonds with a nominal value of 1,000 rubles each through an open subscription.

Term of circulation is 6 years, with an offer provided after 2 years and 1 month. The coupon period is 30 days.

The rate of the 1st coupon was set at the end of the order collection at 20.00% per annum. The rate of the 2nd to 25th coupons is determined as the value of the key interest rate of the Central Bank of Russia, effective as of the 3rd business day preceding the start date of the relevant coupon period, plus a spread, which was set at the end of the order collection at 3.50% per annum.

Organizers of the placement: Alfa-Bank, Gazprombank, Sinara Investment Bank, Solid IFC, Sovcombank, T-Bank. Placement agent - Sinara Bank.

The review was presented by Alexey Grishchenko, Doctor of Economics, Professor of the Department of Operational and Sectoral Management of the Faculty "Higher School of Management" of the Financial University under the Government of the Russian Federation.