PromSvyazCapital completes bond issue offering

Moscow, November 28, 2016 – Promsvyazbank (hereafter “PSB” or “the Bank”) and PromSvyazCapital today announce that on November 25, 2016 PromSvyazCapital has successfully completed the placement of its BO-P01 series bonds issue (the “Bonds”) on the Moscow Exchange for a total amount of RUB 10 bn under a registration number of 4В02-01-44790-Н-001Р from November 22, 2016.

The maturity period of the offering is 10 years (3 640 days) with a 2-year put option. The coupon rate amounted to 12.00% per annum, based on the current Central Bank rate and a premium of 200 bps.

The bond offering was rated “А++” by RAEX.

The offering was organized by PSB and VTB Capital. Promsvyazbank acted as the placement agent.

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04/22/2017
RAEX Rating Agency (Expert RA) has kept unchanged its ‘А++’ credit rating on PromSvyazCapital’s Series 01 Bond (Registered No. 4-01-44790-H)
03/21/2017
The bank earned Rub 2.1 billion of net profit for 2016 compared to a net loss of Rub 3.8 billion for 2015 due to positive dynamics of all components of the income, moderate provisioning and a decrease in operating expenses
03/17/2017
Promsvyazbank (PSB) publishes Q4 2016 and 2016 consolidated financial statements in accordance with International Financial Reporting Standards (IFRS), audited by PricewaterhouseCoopers
11/08/2016
For the first half 2016 and an audit report prepared by PriceWaterhouseCoopers.
10/20/2016

According to the preliminary reporting (published form) under the Russian Accounting Standards (RAS), PSB net profit for 9M 2016 amounted to RUB 2.0 bn. Income from core banking operations (interest income and fee and commission income) increased by 21% to RUB 36.9 bn.

09/29/2016

Promsvyazbank has appointed a new Board of Directors at the Extraordinary General Meeting of shareholders. Lindsay Forbes, representing the interests of the European Bank for Reconstruction and Development, was appointed to the Board.

09/20/2016

Standard & Poor's Ratings Services (S&P), international rating agency, has confirmed PromSvyazBank (PSB) credit rating at «BB-» with negative outlook.

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