16.12.2024
Seligdar PJSC (hereinafter referred to as Seligdar or Holding Group; MOEX: SELG) placed SILV01 silver bonds on the Moscow Exchange. Term to maturity is 5 years; the coupon is fixed rate and pays 4% per year. The placement volume is 2.5 tonnes of silver.
Par value of each silver bond is equivalent to ten gramme of silver. The par value in monetary terms is calculated in Russian roubles based on the reference price for silver set by the Bank of Russia. Accrued interest is calculated on the basis of coupon rate, number of days from the start of coupon period and the par value three days before the settlement date. Coupon payment period is 91 days.
The lead managers are Sovcombank and VTB Capital Trading. Sovcombank acts as the placement agent. Official website on silver bonds is at https://silverbond.seligdar.ru/ (in Russian).