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Otkritie FC Bank Completes its Series BO-04 Bonds Offer

06.03.2015

Otkritie FC Bank has fulfilled all of its obligations to acquire Series BO-04 bonds (Identification No. 4В020402209В dated 28 December 2011) at the request of their holders in accordance with the issue documents. As part of the offer, the Bank has bought out 5,782,731 exchange-traded bonds at 100% of their nominal value, paying a total of RUB 5,792.561 million, including RUB 9.830 million of coupon yield accrued up to the date of acquisition.

Currently, there is an outstanding issue of the Bank’s classic Series 12 bonds (RUB 5 billion) and five issues of exchange-traded bonds: Series BO-03 (RUB 10 billion), Series BO-04 (RUB 10 billion), Series BO-05 (RUB 12 billion), Series BO-06 (RUB 12 billion), and Series BO-07 (RUB 5 billion). All of the Bank’s bond issues are traded on the MICEX Stock Exchange in the top-level quotation list and are also included in the Lombard List and the List of Securities Accepted as Collateral for Direct Repo Transactions by the Bank of Russia (except for Series BO-07 bonds).

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 senior USD 500 million issue maturing in 2018 was placed in April 2013; a subordinated USD 300 million issue maturing in 2019 was placed in December 2012.