OREANDA-NEWS. The order book was closed for the purchase of the Republic of Khakassia's series 35004 bonds (government registration number of the issue is RU35004HAK0) worth RUB 850 mln (34% of the issue with a nominal of RUB 2.5 bln) during an additional placement. The bonds mature on 27.10.2019 and have an amortised repayment structure.

The guidance range for the additional placement was set at 98.52-97.54% of the nominal, which is equal to a yield to maturity of 14.00-14.50% per annum. The guidance range was increased three times during marketing.

During book building investors submitted more than 20 bids. The issuer decided to set the placement price at 99.21% of the nominal, which is equal to a yield to maturity of 13.65% per annum, and accepted 14 bids.

In October 2014, the Republic of Khakassia placed bonds from this issue worth RUB 1.65 bln. After the order book was closed, the issuer set the first coupon at 12.65% per annum. The rates for coupons 2-20 are equal to the first coupon. The issue has quarterly coupon payments and an amortised repayment structure: 20% of their nominal value will be redeemed on the date of payment of the 6th and 10th coupons, and 30% on the date of payment of the 14th and 20th coupons. The nominal value of one bond is equal to 1,000 roubles.

Settlements for the additional placement will take place on June 3, 2015 on the MICEX Stock Exchange. The placement was organised by Sberbank CIB and VTB Capital.