On November 21, 2017, the International investment Bank (IIB) successfully completed the put option and secondary placement of ruble-denominated bonds series 04.

The coupon rate for the IIB bonds series 04 is set at 8.15% per annum with put option in three years.

The bondholders offered for the repurchase bonds worth RUB 1.27 billion from the issue’s total volume of RUB 5 billion.

During the secondary placement all of the repurchased bonds were sold to new investors.

The secondary placement took place at 100% from the nominal price, the yield on the secondary placement was 8.32% per annum.

Raiffeisenbank and ROSBANK acted as managers of the secondary placement.

ROSBANK acted as the technical underwriter.