Press Releases
Successful placement of RUR 5 Billion bond Issue
JSC TransContainer (-/Ва3/ВВ+) successfully placed a RUR 5 Billion 8.35% domestic amortised bond issue series 04.
The issue met strong demand from all groups of investors. The book was oversubscribed totaling to 37 billion rubles. During the book-building process the company revised the coupon rate guidance downwards three times. As a result of a book-building the bond issue was priced at 8.35% per annum, which is the low end of the final guidance. 40 investors took part in the book-building process.
The proceeds from the offering will be used for debt refinancing including the bond issue series 01 and general corporate purposes.
Alfa-Bank, VTB Capital and Raiffeisenbank acted as joint arrangers with VTB Capital acting as placement agent for series 04 bond issue.