JSC “Aeroflot” successfully closed the order book for 5 bln. rubles Exchange Bonds BO-03 Series issue

03 April 2013

On April 2, 2013 the purchase order book for 5 bln. rubles Exchange Bonds BO-03 Series issue with 3-year maturity term starting from the beginning of placement of the Exchange Bonds was closed.

The book was opened on April 1, 2013 with coupon rate guidance at 8.75% - 9.00% per annum.

Strong interest towards JSC “Aeroflot” Exchange Bonds issue allowed lowering the initial marketing range on the date of the order book closure at first to 8.50% - 8.75% per annum and later to 8.30% - 8.50% per annum.

During marketing stage 62 purchase orders from investors with coupon rate range 8.30% - 8.80% were submitted. Aggregate demand for Exchange Bonds BO-03 Series issue totaled 15.2 bln. rubles – by the order book closure time the issue was oversubscribed more than 3 times.

As a result of high demand the Exchange Bonds BO-03 Series coupon rate was settled at 8.30% per annum. With regard to market conditions, price of the issue, bond coupon rate and existing demand, JSC “Aeroflot” made a decision to fulfill 31 purchase orders from investors.

Technical placement will be carried out on April 4, 2013 at CJSC “MICEX Stock Exchange”. 

Placement organizer and Technical underwriter – Sberbank CIB[1]

Press information:

JSC “Aeroflot”

Celebrating its 90-th anniversary in 2013, Aeroflot is Russia’s flagship airline and the largest national air company.

Proudly being a member of SkyTeam global airline alliance, Aeroflot with its partnering members provides service to 1000 destinations in 187 countries.

Aeroflotoperates one of the most modern and youngest fleets in Europe counting 132 aircraft formed by Airbus, Boeing and Sukhoi airliners with an average airplane age of 5 years.

In 2012 Aeroflot carried 17,7 million passengers, continuously showing the best results in modern Russia’s history. In the same year Aeroflot received Readers' Choice Condé Nast Traveller Award as the best Russian airline. Find more at www.aeroflot.ru

Additional Information:

JSC “Aeroflot” Investor Relations Group

Phone: +7 (495) 258-06-86

e-mail: ir@aeroflot.ru

Sberbank CIB

The Corporate & Investment Banking Business was created as part of the integration of Sberbank of Russia and Troika Dialog. Sberbank CIB’s key areas of activity are corporate financing[2], investment banking services, trade operations with securities, and private equity. Sberbank of Russia’s Corporate & Investment Banking Business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations.

Additional Information:

Sberbank CIB Press Service

Phone: +7 495 258 05 19

E-mail: pressa@sberbank-cib.ru





[1]On the basis of CJSC “Sberbank CIB”




[2]Financing provided by Sberbank of Russia