Order book for issue of exchange-traded bond of PJSC TransContainer is closed at 7.3% per annum
The order book for the five-year depreciable exchange-traded bonds of PJSC TransContainer (MCX: TRCN) (- / Ва3 / ВВ + / ruAA +) of the PBO-01 series in the amount of 10 billion rubles was closed on October 14.
The initial benchmark rate for 1st coupon was 7.5-7.65% per annum. Investors' interest in the issue allowed to lower the benchmark three times. As a result, the order book is closed at 7.3% per annum, which corresponds to effective yield to redemption of 7.43%. During floatation, total demand exceeded 29 billion rubles.
The floatation was a public one. The issue provides for depreciation at 25% of the face value on the date of payment of 7-10 coupons. The coupon period is 6 months.
Date of flotation of exchange-traded bond is October 23.
Floatation is arranged by Alfa-Bank, VTB Capital, Raiffeisenbank. VTB Capital is a placement agent.