VTB Leasing places 5 billion rubles worth of exchange-traded bonds

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VTB Leasing Issues Exchange-Traded Bonds Worth 5 Billion Rubles

The issuer sold 5 million bonds with a nominal value of 1,000 rubles each through an open subscription.

Maturity: 1 year and 8 months.

Coupon period: 30 days.

The coupon rate for the entire circulation period was set at 15.50% per annum following the order book collection.

The initial guidance for the first coupon rate was set at no more than 15.75% per annum.

VTB Capital Trading acted as the organizer and placement agent.

Overview presented by Alexey 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.