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Otkritie FC Bank Sets Coupons on Series BO-P01 and BO-P02 Exchange-Traded Bonds

15.04.2015

Otkritie FC Bank has set coupon 1 on Series BO-P01 bonds at 16.00% p.a., with coupon payment being RUB 79.78 per bond, and coupons 1 and 2 on Series BO-P02 bonds at 16.25% p.a. (RUB 81.03 per bond) and 15.25% p.a. (RUB 76.04 per bond), respectively. The book-building for the issues closed on 07 April 2014.

On 10 April 2014, Series BO-P01 and BO-P02 issues were assigned Identification Numbers 4B020102209B001P and 4B020202209B001P and were included in the top-level quotation list.

Both issues, each worth RUB 2 billion, are part of the Exchange-traded Bonds Programme registered on 13 March 2015 under Identification Number 402209B001P02E.

Series BO-P01 and BO-P02 bonds are scheduled to be placed on 14 April 2015 by public subscription at the MICEX Stock Exchange at 100% of their nominal value.

Currently, there is an outstanding issue of the Bank’s classic bonds (Series 12; 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 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 Eurobond 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.