By Wendy Van Sickle
Columbus, Ohio, April 29 – Sistema PJSFC said it completed the bookbuilding for its RUB 10 billion series 001P-20 exchange-traded bonds and set the coupon for the 10-year bonds at 8.2%.
BCS Global Markets, ITI Capital, Bank Zenit, MTS Bank, Commercial Bank of Support to Commerce and Business, SberCIB, IFC Solid and RosBank acted as lead arrangers of the placement. SberCIB was the placement agent.
The bonds are putable in five years.
Proceeds will be used for general corporate purposes, including to refinance debt.
Sistema is a Moscow-based diversified holding company.
| Issuer: | Sistema PJSFC
|
| Issue: | Series 001P-20 bonds
|
| Amount: | RUB 10 billion
|
| Maturity: | 10 years
|
| Arrangers: | BCS Global Markets, ITI Capital, Bank ZENIT, MTS Bank, Commercial Bank of Support to Commerce and Business, SberCIB, IFC Solid and RosBank; SberCIB (placement agent)
|
| Coupon: | 8.2%
|
| Put option: | After five years
|
| Announcement date: | April 29
|
| Listing: | Moscow Exchange
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
