December 08, 2011
IFC METROPOL acts as a leading co-organizer in the regular issue of bonds by FGC RPG
IFC METROPOL acted as a leading co-organizer in the issue of
bonds (series 18) by FGC RPG OJSC for the amount of 15 bln roubles
with the term of circulation making up 2.5 years and a 2.5-year
The order book was opened on December 5 with approximate coupon
rate making up 8.45-8.85%. The total scope of demand exceeded the
nominal issue amount twofold and made up 32 bln roubles that became
a record (in absolute values) for the market since the resuming of
initial placements in October 2011. It was decided to approve 43
applications filed by Russian and international investors. The
coupon rate was set on the level of 8.50% per annum.
The beginning of allocation is planned to be started on December
The transaction was organized by Renaissance Capital,
Gasprombank, VTB Capital and Sberbank of Russia. IFC METROPOL was
the leading organizer of the transaction. BK Region acts as a
# # #
FGC RPG OJSC was founded in accordance with the program for Russian
electrical energy sector reform as a management organization for
the Unified national (all-Russian) power grid (FGC). The main areas
of its activities are as follows: FGC management; rendering
services of electrical energy transfer and connection to power
grids to the subjects of wholesale electrical energy market;
investments in FGC development; upkeep of electrical grids in
proper health; technical supervision of the state of the grid
facilities. In 2010 the output of electrical energy from FGC
networks made up 470,648.072 mln kWh. FGC RPG OJSC is an active
player in the corporate bonds market.
Investment and Financial Company METROPOL was founded in 1995.
The company offers brokerage services as well as services for
participation in restructuring transactions, purchase and sale,
attracting debt and equity capital, sale of assets, and financial
and corporate consulting. The company has accumulated great
experience in public (IPO, SPO) and private security placements.
The National Rating Agency ranks IFC Metropol at "AAА", its maximum
ranking for reliability.
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