On July 25, 2013 MMK placed its RUR 5 bln bonds (series KO-19) with the maturity period of 10 years. A 3 year offer is provided for the issue. The issue is included in the list “Á” at MICEX.

The total value of demand from investors exceeded RUR 13.8 bln which translates into more than 2.7 x oversubscription. 120 bids were sent for the tender. As the result the first annual coupon rate was at 8.50%, which is below the bottom of the earlier announced price range – 8.65–8.85%. The rate of the second, third, fourth, fifth and sixth coupon equals the first coupon rate. The overall number of satisfied bids was 44.

The managers of the placement are OAO “URALSIB” and ZAO “UniCredit Bank”.