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Eurobonds
On 22 October 2020, Eurotorg LLC placed new 144A /Reg S Eurobond issue due in 2025, raising USD 300 million in gross proceeds. The coupon rate was set at 9.00% per annum and will be paid semi-annually. Eurotorg will use the proceeds from the placement to refinance its outstanding 2017 bonds maturing in 2021-2022 and other indebtedness.
Listing Particulars are available on the link
| Issuer: | Bonitron D.A.C. | |
| Borrower: | Eurotorg LLC | |
| Issue Structure: | Loan Participation Note | |
| Issue Size: | USD 300,000,000 | |
| Settlement/Issue Date: | 22 October 2020 | |
| Final Maturity Date: | 22 October 2025 | |
| Coupon: | 9.000% | |
| Interest Payment Dates: | Semi-annually in arrears on 22 April and 22 October of each year commencing 22 April 2021 | |
| Amortization: | Bullet repayment | |
| Ratings: |
Fitch: "В" Standard & Poor’s: "В-" |
|
| Listing: | Irish Stock Exchange (Euronext Dublin) Global Exchange Market | |
| Distribution: | Rule 144A / Regulation S | |
| Security Codes: |
Regulation S Common Code: 224334443 ISIN: XS2243344434 Rule 144A Common Code: 224473478 ISIN: US09821LAB71 CUSIP: 09821LAB7 |
|
| Joint Lead Managers and Joint Bookrunners: | J.P. Morgan Securities plc and Renaissance Capital (Cyprus) Limited | |
| Trustee: | BNY Mellon Corporate Trustee Services Limited | |
| Principal Paying Agent: | The Bank of New York Mellon, London Branch | |
| Registrar and Transfer Agent: | The Bank of New York Mellon, SA/NV, Luxembourg Branch | |
On 30 October 2017, Eurotorg LLC being the first ever corporate issuer from Belarus placed its debut 144A /Reg S Eurobond due in 2022, raising USD 350 million in gross proceeds. The coupon rate was set at 8.75% per annum and will be paid semi-annually.
Listing Particulars are available on the link
| Issuer: | Bonitron D.A.C. | |
| Borrower: | Eurotorg LLC | |
| Issue Structure: | Loan Participation Note | |
| Issue Size: | USD 350,000,000 | |
| Settlement/Issue Date: | 30 October 2017 | |
| Final Maturity Date: | 30 October 2022 | |
| Coupon: | 8.750% | |
| Interest Payment Dates: | Semi-annually in arrears on 30 April and 30 October of each year commencing 30 April 2018 | |
| Amortization: | 30 April, 2021 | USD 50,000,000 |
| 30 October, 2021 | USD 50,000,000 | |
| 30 April, 2022 | USD 125,000,000 | |
| 30 October, 2022 | USD 125,000,000 | |
| Ratings: |
Fitch: "В-" Standard & Poor’s: "В-" |
|
| Listing: | Irish Stock Exchange Global Exchange Market | |
| Distribution: | Rule 144A / Regulation S | |
| Security Codes: |
Regulation S Common Code:157795201 ISIN: XS1577952010 Rule 144A Common Code:111731152 ISIN: US09821LAA98 CUSIP: 09821LAA9 |
|
| Joint Global Coordinators and Joint Bookrunners: | J.P. Morgan Securities plc and SIB (Cyprus) Limited | |
| Joint Bookrunner: | Renaissance Securities (Cyprus) Limited | |
| Trustee: | BNY Mellon Corporate Trustee Services Limited | |
| Principal Paying and Transfer Agent: | The Bank of New York Mellon, London Branch | |
| Registrar and Transfer Agent: | The Bank of New York Mellon, SA/NV, Luxembourg Branch | |
| U.S. Paying Agent and Transfer Agent: | The Bank of New York Mellon, New York Branch | |