Source: Seligdar to offer 5-year exchange bonds in gold on April 4 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: Seligdar to offer 5-year exchange bonds in gold on April 4

MOSCOW, Mar 31 (PRIME) -- Gold producer Seligdar plans to offer up to 3 billion rubles of 5-year exchange bonds nominated in gold on April 4, a financial source told PRIME on Friday.

The guidance for quarterly coupons amounts to 5.5% annually.

The face value of the bonds will amount to 1 gram of gold. Settlements will be based on the central bankТs official price for gold and be done in rubles.

Gazprombank, Sinara investment bank, and Russian Agricultural Bank will organize the offering. Technical placement is preliminarily slated for April 7.

(77.0863 rubles Ц U.S. $1)


31.03.2023 11:40
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