"GPB Finance to Place 7 Billion Rubles Bonds on October 5"

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GPB Finance to Launch 7 Billion Ruble Bond Issue on October 5

GPB Finance, a Russian financial institution, will begin the placement of 7 million bonds with a nominal value of 1,000 rubles each on October 5. The offering will be conducted through an open subscription process. The placement price is set at 100% of the nominal value, equating to 1,000 rubles per bond.

The placement agent for this issue is Gazprombank (a major Russian state-owned bank).

GPB Finance had previously issued a primary tranche of bonds worth 20 billion rubles in February 2026, with a maturity date set for 2028. On April 16, 2026, the company issued an additional tranche (No. 1) worth 6 billion rubles at nominal value. Another additional tranche (No. 2) worth 7 billion rubles was issued on September 1, 2026, also at nominal value.

This overview was presented by Alexei Grishchenko, Doctor of Economics and Professor at the Department of Operational and Sectoral Management of the Higher School of Management at the Financial University under the Government of the Russian Federation.