Sberbank CIB organises new deal between AHML and Bank URALSIB
OREANDA-NEWS. Sberbank CIB has acted as the organiser of a deal under which the Agency For Housing Mortgage Lending (AHML) supported a new issue of mortgage-secured bonds of Bank URALSIB as the back-up servicer and settlement agent.
During the deal, the issuer - LLC Mortgage Agent Uralsib 03 - placed three tranches of mortgage bonds ('A', 'B' and 'V') worth a total of 4,819,280 thousand roubles. The size of the tranches is as follows: 'А' - 2,666,667 thousand roubles, 'B' - 1,333,333 thousand roubles, 'V' - 819,280 thousand roubles.
The coupon rate for the class 'A' bonds was set at 9% annually. The coupon rate for the class 'B' bonds was set at 3% annually. Ratings agency Moody's Investors Service assigned the class 'A' and 'B' bonds an international 'Baa3' rating.
The date of full redemption of all the bond tranches is October 15, 2047.




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