SAMOLOT Group Places Exchange-Traded Bonds Worth 1 Billion Rubles

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Samolet Group Successfully Issues Exchange-Traded Bonds Worth 1 Billion Rubles

Samolet Group has successfully issued a series of exchange-traded bonds (002P-03) worth 1 billion rubles at nominal value.

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

The bonds have a circulation period of 5 years, with an offer available after 3.5 years.

Redemption of the nominal value will be carried out in installments: 30% in the dates of payments 18 and 30 coupons, and 40% in the date of payment 60 coupon.

The coupon rate until the offer is set at 21.50% per annum based on the results of the order book collection.

Initially, the guideline for the rate of the first coupon was set at no more than 21.50% per annum.

The placement organizers are Alfa-Bank, Gazprombank, and Sovcombank. Sovcombank acts as the placement agent.

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