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Otkritie FC Bank Completes Its Series BO-07 Bonds Offer

29.07.2015

Otkritie FC Bank has fulfilled all of its obligations to acquire Series BO-07 bonds (Identification No. 4B020702209B dated 30 April 2014) at the request of their holders in accordance with the issue documents. As part of the offer, the Bank has bought out 1,994,993 bonds at 100% of their nominal value, paying a total of RUB 1,998.344 million, including RUB 3.351 million in 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, EUB 5 billion, originally issued by Petrocommerce Bank) and ten 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), Series BO-07 (RUB 5 billion), Series BO-P01 (RUB 2 billion), and Series BO-P02 (RUB 2 billion). Issues that were originally issued by Petrocommerce Bank: Series BO-02 (RUB 13 billion), Series BO-03 (RUB 10 billion), and Series BO-04 (RUB 5 billion). 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.