"Insight Leasing Issues 500 Million Rubles in Bonds"

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Insight Leasing Issues RUB 500 Million Bonds

Issuer Insight Leasing sold 500,000 bonds with a nominal value of RUB 1,000 each through an open subscription.

The bonds have a maturity period of 3 years.

Coupon period is 30 days.

The coupon rate is fixed at 15.00% per annum for the entire term of the bonds.

The placement agent is St. Pyotrsburg Technical Center LLC.

The bonds were issued under the stock exchange bond program series 001P with a total volume of up to RUB 10 billion or its equivalent in foreign currency.

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