By Angela McDaniels
Tacoma, Wash., April 12 – O'Key Group SA priced RUB 5 billion of 11.7% five-year exchange-traded bonds, according to a company filing with the London Stock Exchange.
The books were closed on April 5, and the bonds were placed on the Moscow Exchange on Tuesday. They will be included in the Lombard List of the Central Bank of Russia.
Gazprombank, Raiffeisenbank, Rosbank and Sovcombank were the lead arrangers. Raiffeisenbank acted as placement agent.
The company said the issue was oversubscribed.
The bonds have a 30-month put option.
The proceeds will be used for general corporate needs.
O'Key is a food retailer based in St. Petersburg, Russia.
| Issuer: | O’Key Group SA
|
| Issue: | Exchange-traded bonds
|
| Amount: | RUB 5 billion
|
| Tenor: | Five years
|
| Coupon: | 11.7%
|
| Put option: | At 30 months
|
| Lead arrangers: | Gazprombank, Raiffeisenbank, Rosbank and Sovcombank
|
| Placement agent: | Raiffeisenbank
|
| Pricing date: | April 5
|
| Listing date: | April 12
|
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