Uralsib issues another series of bonds

Uralsib leasing company, a subsidiary of Bank Uralsib, has announced the placement of bonds with a total value of R1.5bn on the Moscow Interbank Currency Exchange (MICEX).

The bonds are placed in full volume with a nominal value of 1,000 rubles each. The maturity of the bonds is three years. During the auction the rate of one-three coupons was set at 17.5% per year. The bonds have six coupon periods and coupon payments will be made on a semi-annual basis. Uralsib Capital acts as lead arranger of the bonds issues.

At present, four bonds issues of the company with total value of R12.7bn and with the maturity of three years each are trading at the market.