CREDIT BANK OF MOSCOW placed its domestic bond issue series 07 at MICEX
21.07.2010
On 20 July 2010 CREDIT BANK OF MOSCOW placed its domestic bond issue series 07 for the total amount of RUR 2bn with 5-year maturity at MICEX.
The total number of applications reached 65 with 9,49%-10.25% p.a. yield, 38 of them having been accepted. As a result, the first coupon rate was fixed at 9.76% as well as those of the 2nd, 3rd and 4th coupons. Effective yield to 2-year put is 10.00%. The bond issue implies payment of 10 coupons twice a year. A put option is scheduled for 24 July 2012.
Banks ZENIT and CREDIT BANK OF MOSCOW itself acted as Arrangers of the issue, Investtradebank acted as a Co-Arranger. The issue Underwriters and Co-Underwriters include Bank Saint Petersburg, BINBANK, JSCB “RUBLEV”, Moscow Bank for Reconstruction and Development, National Standard Bank, CB «EUROTRUST» (CJSC), ASIAN-PACIFIC BANK, Investment Company Center-Capital and KOLTSO URALA KB OOO. CBM acted as a Placement Agent and a Paying Agent.