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Sberbank: book closure for RUB40bn 001P-03R-series Sberbank exchange-traded bonds

10th Oct 2017 06:56

Sberbank (SBER) Sberbank: book closure for RUB40bn 001P-03R-series Sberbank exchange-traded bonds 10-Oct-2017 / 07:55 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer / publisher is solely responsible for the content of this announcement.


Sberbank: book closure for RUB40bn 001P-03R-series Sberbank exchange-traded bonds

 

6 October 2017, Moscow - Today the book for 001P-03R-series of Sberbank exchange-traded bonds was closed.

The coupon rate is 8 per cent p.a. The maturity of the bonds will be 3 years and 2 months from the date of issue. This exchange-traded bond issue was arranged by Sberbank CIB together with Gazprombank and Russian Agricultural Bank. The order book was more than x2 oversubscribed.

Mr Alexander Morozov, Deputy Chairman of the Executive Board of Sberbank, commented, 'Our consistently implemented strategy for expanding Sberbank presence on the Russian bond market resulted in a major growth of investor base. Actually, this is the first placement with over half of the demand generated by retail investors. Such a successful issue with oversubscription that significant has unlocked the tremendous potential of this market.'

The technical issue of exchange-traded bonds is planned for 13 October 2017 on the Moscow Exchange.

 


ISIN:US80585Y3080, RU0009029540, RU0009029557, US80585Y4070
Category Code:MSCM
TIDM:SBER
LEI Code:549300WE6TAF5EEWQS81
Sequence No.:4715
 
End of AnnouncementEQS News Service

617141 10-Oct-2017 

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.


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