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Otkritie FC Bank Completes its BO-12 Bonds Offer

02.09.2015

Otkritie FC Bank has fulfilled all of its obligations to acquire Series BO-12 exchange-traded bonds (Identification No. 40802209В dated 05 November 2009) at the request of their holders in accordance with the issue documents. As part of the offer, the Bank has bought out 4,020,419 exchange-traded bonds at 100% of their nominal value, paying a total of RUB 4,027.01 million, including RUB 6.59 million of coupon yield accrued up to the date of acquisition.

Currently, there are two outstanding issues of the Bank’s classic bonds (Series 12, RUB 5 billion; Series 09, RUB 5 billion, originally issued by Petrocommerce Bank) and seven issues of exchange-traded bonds: Series BO-04 (RUB 10 billion), Series BO-05 (RUB 12 billion), Series BO-06 (RUB 12 billion), Series BO-07 (RUB 5 billion), Series BO-P01 (RUB 2 billion), Series BO-P02 (RUB 2 billion), and Series BO-04 (RUB 5 billion), which was originally issued by Petrocommerce Bank. All of the Bank’s bond issues are traded on the MICEX Stock Exchange in the top-level quotation list (except for Series 09 and Series BO-04 bonds, originally issued by Petrocommerce Bank, which are in the third-level quotation list).

All of the Bank’s bond issues are also included in the Lombard List and the List of Securities Accepted as Collateral for Direct Repo Transactions by the Bank of Russia.

In addition to its Russian bonds, Otkritie FC Bank has four outstanding Eurobonds issues, totalling USD 1.65 billion. A subordinated USD 350 million issue, maturing in 2015, was placed in April 2010; a subordinated USD 500 million issue maturing in 2019 was placed in April 2012; a subordinated USD 300 million issue maturing in 2019 was placed in December 2012; a senior USD 500 million issue maturing in 2018 was placed in April 2013.