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Advance Capital is pleased to announce the completion of the placement of Series 03 bonds issued by RVK-Finance, an issuer within the Rosvodokanal Group, with a total nominal value of RUB3 billion.

The bonds were placed on the MICEX Stock Exchange via an open subscription. The bonds have a maturity of five years, with a put option предусмотрed after three years. The coupon rate following the placement was set at 9% per annum, corresponding to the lower end of the marketing range and implying a yield to the offer of 9.2% per annum. Alfa-Bank and MDM-Bank acted as joint arrangers of the bond issue.

Advance Capital acted as an advisor to Rosvodokanal on fundraising, structuring and execution of the bond placement, as well as on other corporate finance matters.