MOSCOW - National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that on 6 December it accepted for servicing the first corporate bonds issued by a foreign issuer. Uranium One Inc.'s (U1), the Toronto-based uranium producer, Canada, places its Series 1 bond issue denominated in Russian rubles. The issuance terms provide the mandatory centralized custody of the bond certificate in Russia with NSD. International codes ISIN RU000A0JRTS1 and CFI DBVXXB were assigned to the bond issue beforehand.
NSD applied its best efforts to receive the bond issue for servicing and contributed a lot to its forthcoming placement. In particular, the company agreed the issuance documents and certificates with the parties of the process, concluded an issuer depository account agreement and received the regulator's clarifications contributing to formation of the foreign issuers' bond market in Russia.
The first U1 bond issue is to be placed in Closed joint-stock company «MICEX Stock Exchange».
Uranium One Inc.'s bond issue as a bond issue of the foreign issuer was admitted to the public offering in the Russian Federation by the Federal Financial Markets Service on 10 November, 2011. The aggregate sum of two issues of U1 bonds is RUB29 billion.
The parameters of U1 series 1 bond issue are as follows:
- Bond issue amount: RUB16.5 billion
- Nominal value: RUB1,000 per one bond
- Circulation term: 3,640 days (10 years)
The parameters of U1 series 2 bond issue are as follows:
- Bond issue amount: RUB12.5 billion
- Nominal value: RUB1,000 per one bond
- Circulation term: 3,640 days (10 years)
About NSD
National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.
NSD provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and securities of foreign issuers.
In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.
NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.
For further information about NSD: http://www.nsd.ru/, or NSD Public Affairs Division: +7 495 232 0910,
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