GTLK to Issue 35 Billion Rubles in Bonds

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GTLK to Issue Bonds Worth 35 Billion Rubles

The issuer has increased the volume of the placement of exchange-traded bonds (Russian equivalent of corporate bonds traded on the stock exchange) series 002P-13 from 20 to 35 billion rubles.

The final guideline for the 1st coupon rate is set at 15.95% per annum, which corresponds to a yield to maturity of 17.17% per annum.

The technical placement of the securities on the stock exchange is scheduled for May 26, 2026. The term of the bonds is 4 years.

The nominal value of each security is 1,000 rubles.

The coupon period is 30 days.

Redemption of the nominal value will be made in installments: 20% in the payment dates of the 36th, 39th, 42nd, 45th, and 48th coupons.

Organizers of the placement: Alfa-Bank, Veles Capital, VTB Capital Trading, Gazprombank, GI Solutions, Lokobank, MTS Bank, PSBC Bank, Sinar Investment Bank, Sovcombank, T-Bank. Placement agent: Sovcombank.

The overview was presented by Alexei Grishchenko, Ph.D., 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.