ID Collect places 1.3 billion rubles worth of bonds

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ID Collect places RUB 1.3 billion worth of bonds

Issuer ID Collect has placed exchange-traded bonds of series 001P-08 for a total value of RUB 1.3 billion at nominal value.

The issuer sold 1.3 million bonds with a nominal value of RUB 1,000 each through an open subscription.

The bonds have a circulation period of 4 years, with a call option available after 2 years. The coupon period is 30 days.

Repayment of the nominal value will be made in amortization installments: 25% in the payment dates of the 30th, 36th, 42nd, and 48th coupons.

The coupon rate for the entire circulation period was set at 20.25% per annum following the book-building process. Initially, the guidance for the first coupon rate was set at no more than 20.75% per annum. The planned placement volume was increased from at least RUB 1 billion to RUB 1.3 billion during the book-building process.

The placement organizers are Alfa Bank, BCS CIB, Renaissance Broker, Rikom-Trust, Sovcombank, Sinara Investment Bank, and Digital Broker. The placement agent is Renaissance Broker.

Overview provided by Alexey Grishchenko, Ph.D., Professor at the Department of Operational and Sectoral Management of the Faculty "Higher School of Management" at the Financial University under the Government of the Russian Federation.