On October 26, 2012 the FSUE Russian Post Series 02, Series 03 and Series 04 bonds were issued successfully.
The Series 02, Series 03 and Series 04 bonds with a total nominal value of RUR 9 billion have a maturity of 7 years. The bonds have a
The order book to purchase FSUE Russian Post bonds was closed on October 23, 2012. During book-building 34 bond applications were received from investors. During the sale the bond coupon rate was set at 8.70% per annum, which corresponds to the lower level of the declared coupon guidance.
The organizers of the issue were Raiffeisenbank and Sberbank CIB1. The co-organizer was Svyaz-Bank. The co-underwriter of the issue was Aton.
The international agency Fitch Ratings gave FSUE Russian Post a rating of BBB.
The proceeds from the issue will be used to finance investment activities and refinance the debt portfolio of the company.
ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on H1 2012 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of liabilities of individuals and 10th with regard to consumer lending.
Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus. In total, around 61,300 employees service about 14.6 million customers through around 3,100 business outlets, the great majority of which are located in CEE (these figures include Polbank). Raiffeisen Bank International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, the remainder is in free float. RBI’s shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group, and serves as the group head office of the entire RZB Group, including RBI.