2 Aug 2016 16:36

Mostotrest to hold book building for bonds for 5 bln rubles on Aug 5

MOSCOW. Aug 2 (Interfax) - OJSC Mostotrest will collect investors' bids for 10-year eighth series bonds for 5 billion rubles on August 5 from 10:00 a.m. Moscow time until 4:00 p.m., a source in banking circles told Interfax.

The yield guidance for the first coupon was set at 11.5%-11.75% per annum, which corresponds to yield on offer in five years of 11.83%-12.1% per annum.

The technical placement of bonds with semiannual coupons is planned for August 10.

The placement organizer is VTB Capital .