August 08, 2016 |
|RSG-Finance, a special purpose vehicle of Russian real estate developer Kortros, plans to offer 3 billion rubles worth of 3-year exchange bonds of the sixth series on August 23, as seen by PRIME in materials for investors on Monday.|
The guidance for the first coupon is set at 14.5–15% annually, which corresponds to a 15.03–15.56% annual yield to an 18-month offer.
The issue carries semiannual coupons. The technical placement on the Moscow exchange is scheduled for August 25.
B&N Bank and Otkritie Financial Corporation Bank act as organizers of the placement, while RSG International acts as a guarantor.
Issue: RSG - Finance, BO-06
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
Company: RSG - Finance
|Full company name||RSG Finance LLC|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Construction and development|