By Rebecca Melvin
New York, Oct. 9 – Qiwi plc, through its subsidiary Qiwi Finance, has priced RUB 5 billion of unsecured bonds due 2023, according to a company news release on Friday.
Bondholders have the right to put their bonds to JSC Qiwi and Setter FZ LLC at par plus accrued and unpaid interest in the event of a breach of certain covenants.
VTB Capital, Gazprombank and Sovcombank were bookrunners of the deal, with IFC Solid also acting as a co-organizer.
The placement enjoyed strong interest from institutional and retail investors, according to the release.
Qiwi is an electronic payment systems and financial services provider in Russia and the Commonwealth of Independent States.
| Issuer: | Qiwi Finance
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| Guarantor: | Qiwi plc
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| Issue: | Bonds
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| Amount: | RUB 5 billion
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| Maturity: | 2023
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| Bookrunners: | VTB Capital, Gazprombank and Sovcombank
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| Co-organizer: | IFC Solid
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| Announcement date: | Oct. 9
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