News and Press Releases

20 June 2008

FSFM Registers Five Bond Tranches of VTB-Leasing Finance With Total Volume of 30 bn Rubles

Russian Federal Service for Financial Markets (FSFM) registers five tranches of OOO VTB-Leasing Finance company. In total the volume of tranches amounts to 30 bn rubles, the FSFM reports.

The volume of tranche No. 2 is 10 bn rubles, while the volume of tranches No. 3 to 6 is 5 bn rubles each.

The second tranche was registered under the state registration number 4-02-36292-R, tranche No. 3 - 4-03-36292-R, tranche No. 4 - 4-04-36292-R, tranche No. 5 – 4-05-36292-R and tranche No. 6 was registered under the number 4-06-36292-R.

As reported earlier, the maturity of every tranche is 7 years.

Par value of each bond is 1,000 (one thousand) rubles. Bonds will be placed under an open subscription.

The principal amount repayment structure for all tranches uses the depreciation approach: every six months 7.692% of the tranche’s par value is repaid (principal repayments start one year from the date of the start of placement).

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