The debut issue of high-yield bonds of the Delimobil carsharing went worse than expected: out of the planned 3 billion rubles, the company was able to receive four times less – only 676.4 million rubles, report Vedomosti with reference to the data of Carsharing Russia LLC.
Delimobil attracted 676 million rubles out of the planned 3 billion through the placement of bondsAnastasia Maryina
The main demand was provided not by institutional, but by retail investors – more than 6 thousand people bought the paper.
The coupon rate is set at 13% per annum, which corresponds to a yield to maturity of 13.65% per annum. Coupons are quarterly. The placement was organized by Gazprombank and Tinkoff Bank. The 50 billion ruble bond program was registered by the Moscow Exchange on July 6.
The amount received is sufficient to achieve the set goals, a Delimobil representative told Vedomosti. The company was going to use the money to replenish the fleet, the development of operational infrastructure, including car service stations, and regional expansion.
In June, another player in the sharing economy, the electric scooter rental service Whoosh, also raised money for the first time through a bond issue. The company managed to close the order book for the debut issue of exchange-traded bonds in the amount of 3.5 billion rubles with a rate of 13.5% and a maturity in three years.
Cover photo: Delimobil
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Source: RB.RU by rb.ru.
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