International Investment Bank completed a secondary placement of series 03 bonds on Moscow Exchange
IIB’s rouble-denominated bonds series 03, which were repurchased from the bondholders under a put option in June 2015 in the amount of RUB 2.3 billion, were sold out on the secondary market. Thus, the total outstanding amount of the bonds of this series in circulation once again comprises RUB 4 billion. Bank ZENIT acted as the lead manager of the secondary placement. Overall, 12 deals were closed at 100% of the nominal value. The… Read more