"Rolf to Hold 1 Billion Ruble Bond Offering on May 21"
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Russian car retailer ROLF to hold bond tender on May 21
Russian car retailing company ROLF plans to conduct a tender for exchange-traded bonds (series 001P-10) on May 21, from 11:00 am to 3:00 pm Moscow time.
The technical placement of the bonds on the stock exchange is scheduled for May 26, 2026.
The planned issue size is 1 billion rubles.
Each bond will have a nominal value of 1,000 rubles.
The coupon period is 30 days.
The bonds will have a two-year circulation period.
The first coupon rate is expected to be no higher than 19.50% per annum, which corresponds to a yield to maturity of no more than 21.34% per annum.
Organizers of the placement are Gazprombank and Sovcombank. Gazprombank will act as the placement agent.
This overview was provided by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management at the Higher School of Management, Financial University under the Government of the Russian Federation.