Corporate Communications

VTB Capital was one of the lead managers of Russian Post bond placement

20 May 2016
Federal State Unitary Enterprise Russian Post has closed the order book for its series BO-02 local bond worth RUB 5 bln, with a maturity of 10 years (3,640 days) and a 3-year (1.092 days) put option.

The new issue of Russian Post attracted considerable interest from the investment community. More than 60 bids were received from banks, investment companies, asset management companies, and insurance companies during marketing.

The marketing range was revised down four times from the initial level of 10.50-10.90% to 9.95-10.10%. The order book was 6 times oversubscribed within the range. The final coupon rate was set at 10.00% per annum, which corresponds to a yield to put of 10.25% per annum.

The settlement is scheduled to May 19, 2016 on the MICEX Stock Exchange.

VTB Capital was one of the lead managers of this placement.

VTB Group Press Office

Теl.: +7 (495) 775-54-54
Fax: +7 (495) 783-18-95

VTB Capital

Federation Tower West, 12, Presnenskaya emb., Moscow, 123100