Rosbank acted as the organizer and agent for the placement of BO-001R-09 exchange-traded bonds of JSC "RN Bank" for 8 billion rubles

    08 September

The placement of BO-001R-09 exchange-traded bonds of JSC "RN Bank" in the amount of 8 billion rubles will take place on September 10. Rosbank is one of the organizers and the placement agent.

The application book for the placement of the issue was opened on September 7 from 11: 00 to 15:00 (Moscow time). The initial coupon rate landmark was set at the level of no more than 8.10% p.a. (YTM no more than 8.26% p.a.) with a volume of at least 5 billion rubles.

"During the book building, 42 applications were submitted by investors: the total demand exceeded the declared volume of supply and reached 25.5 billion rubles. The high attention to the issue during the collection of applications made it possible to reduce the coupon landmark several times to the final rate of 7.85% p.a., as well as to increase the issue volume up to 8 billion rubles," commented Tatyana Ambrozhevich, Senior Vice President, Head of the Rosbank Debt Capital Markets Office.

The final coupon rate of 7.85% p.a. corresponds to YTM level of 8.00% p.a. and 109 basis points spread to G-curve.

The circulation period is 3 years (1098 days) from the placement date, the coupon period is 183 days. The nominal value of the bond is 1000 rubles. The placement price is 100% of nominal value.

The placement date is September 10, 2021.

The organizers of the transaction are PJSC ROSBANK, JSC UniCredit Bank and PJSC Sovcombank.

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