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Wednesday, June 28, 2017

Nomos Bank and Discovery release bonds series

Nomos Bank and Discovery have successfully completed a secondary offering of Nomos Bank bonds in a series of 12 volumes of $70 million with the nominal value of the issue at $150 million.

The bond has a maturity date of Aug. 28, 2017, while the date of the offer is March 2, 2015.

Fitch assigned the bond an issuer rating of BB- and Moody's rated it at a Ba3 level.

The issue was placed in full and the issuer decided to set the price of the secondary offering of 100 percent, which corresponds to a yield of 8.87 percent per annum, according to results of the closing order book Nov. 1.

The Nomos Bank bonds series of 12 trades is in the quotation list of ZAO MICEX, A1 and is also included in the Lombard List of the Bank of Russia.