URALSIB Capital carried out successful bond placement for SKB-Bank to the amount of 2 bln. rubles

“URALSIB Capital” co-organized bond placement for “SKB-Bank”, BO-04 series, to the amount of 2 bln. rubles.

Coupon rate is set at 9.8% (coupons 2-3 equal coupon 1). Bonds’ circulation period is 1092 days (3 years). Put date for the issue is in 1.5 years after the date of placement. Coupon period is 182 days.

The transaction enjoyed substantial investor interest. Applications amounted to more than 2,5 bln. rubles, number of investors in the bid book was more than 30.

As Boris Ginzburg, Head of Fixed Income at “URALSIB Capital”, noted when commenting on this placement: «Coupon rate of SKB-Bank bonds is the lowest amongst ruble issues floated by issuing banks with similar ratings in 2009-2010. This, we believe, is an excellent result».

Bonds, BO-04 series, were floated on “MICEX Stock Exchange” on July 9, 2010. Bonds are included into quotation list “B”.

9 june, 2010