EDB closes the order book for series 08 bonds

Moscow, 11 October 2013. On 10 October 2013 Eurasian Development Bank (EDB) closed the order book for its series 08 bonds for a total of RUB 5 billion, with a put option exercisable two years after placement. The issue will mature seven years after placement.

A total of 32 orders were received from investors, with a coupon ranging from 7.50% to 7.80% p.a. The total demand for the bonds during the marketing period was RUB 8.6 billion and this made it possible, after a number of iterations, to fix the coupon at 7.65%. Twenty investors — banks, management companies and agencies — purchased bonds from this issue.

The settlements for this placement will take place at MICEX on 16 October 2013.

The arrangers of the issue are VTB Capital, Gazprombank, Raiffeisen Bank and Sberbank CIB[1].

The co-arranger is RosEvroBank.

The underwriters are Pervobank, BFA Bank and NOMOS Bank.

Additional Information

Eurasian Development Bank is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth and the expansion of mutual trade and other economic ties in its member states. EDB’s charter capital exceeds US $1.5 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan. Read more at https://www.eabr.org.