### Brusnika Construction and Development Issues Exchange-Traded Bonds Worth RUB 3.25 Billion
Brusnika Construction and Development, a Russian real estate developer, has successfully issued exchange-traded bonds (series 002P-08) worth RUB 3.25 billion at par value.
The issuer sold 3.25 million bonds, each with a nominal value of RUB 1,000, through a public offering.
The bonds have a three-year maturity period and a coupon period of 30 days. The coupon rate for the entire term was set at 21.25% per annum following the bid collection.
The planned placement volume was increased from RUB 3 billion to RUB 3.25 billion during the bid collection process.
The placement was organized by Alfa Bank, BCS CIB, Sinara Investment Bank, IFC Solid, and Sovcombank. Sinara Bank acted as the placement agent.
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" Faculty at the Financial University under the Government of the Russian Federation.