SDM-Bank announces bond issue allocation
March 1st, 2013 SDM-Bank is planning to allocate documentary interest bearing inconvertible bearer bond issue with mandatory safekeeping in National Settlement Depository.
ZAO Raiffeisenbank and Otkritie Bank arrange the issue.
Nominal issue value totals at RUB 1 500 000 000, each bond priced at RUB 1 000, with placing price coming at 100% of nominal value. Full nominal value redemption is offered after 1-year-circulation. Six coupons are to be paid, with the first 5 coupon periods running for 182 days, and the 6th period taking 186 days.
Fitch International Rating Agency rated the issue “B” and "BBB(rus)".
The issue is to be allocated on MICEX by public subscription.