Rosbank organized the placement of exchange bonds of RN BANK JSC of BO-001R-04 series for 5 billion rubles

    20 February

On February 14, JSC RN Bank completed the placement of stock exchange bonds of the BO-001R-04 series in the amount of 5 billion rubles. Rosbank acted as one of the placement organizers.

The order book for the issue was opened on February 7 from 11:00 to 15:00 (Moscow Time). The initial benchmark coupon rate was 9.30 - 9.50% per annum, which corresponds to the yield to maturity of 9.52 - 9.73% per annum.

High interest in the issue by investors allowed the issuer to lower the coupon benchmark several times, and the final coupon rate was set below the initial range: at 9.15% per annum, which corresponds to a yield of 9.36% per annum.

In the course of bookbuilding, 56 applications were filed, and the total demand for bonds amounted about 15.5 billion rubles.

The nominal value of one paper is 1 000 rubles. Circulation term - 3 years. The placement price is 100% of the nominal value. Coupon period - 183 days. The issue was placed by public subscription.

Starting date of placement - February 14, 2019

The placement was organized by PJSC ROSBANK, JSC UniCredit Bank, PJSC Sovcombank. Placement Agent - PJSC ROSBANK.