Thursday, August 17, 2017

Nomos, Zenit Banks place Finance BO-01 series

Nomos Bank and Zenit Bank announced last week the successful placement of RSG Finance BO-01 series bonds on MICEX.

The bonds hold a nominal value of $90 million and are set to mature in three years. The repayment of issue period will begin November 22, 2016.

The benchmark rate of the first coupon will reach between 12.25 percent to 12.75 percent, corresponding to a yield of 12.63 percent to 13.16 percent annually.