Vostok Oil to Launch 100 Million Ruble Exchange-Traded Bond Placement on March 25

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Vostok Oil to Launch Exchange-Traded Bonds Placement on March 25

On March 25, Vostok Oil will begin the placement of its exchange-traded bonds (series BO-02).

The issuer plans to place 100,000 bonds with a nominal value of 1,000 rubles each through a private placement among qualified investors.

The total issue amount is 100 million rubles.

The bonds will have a circulation period of 5 years.

The coupon period is set at 30 days.

The coupon rate for the entire circulation period is fixed at 26.00% per annum.

Early redemption of bonds is possible at the discretion of the issuer on the completion dates of the 30th, 36th, and 48th coupon periods.

This overview was presented by Alexei Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the Higher School of Management at the Financial University under the Government of the Russian Federation.