Nektorov Saveliev & Partners was assigned the bondholder representative for the issuance of three million non-convertible interest-bearing certificated exchange-traded bonds of PAO AKB Avangard.
The par value of each bond is RUB 1000. The value of funding raised is estimated to be RUB 3 billion for a period of 10 years.
PAO AKB Avangard is a commercial bank with a regional network of over 300 offices in 75 Russian cities.
Nektorov Saveliev & Partners did not reply to our inquiry on the matter.