On 20 October 2020, MOEX added OOO VIS FINANCE bonds worth 2.5 billion roubles to its list of fixed income securities, with BCS Global Markets, again, acting as the lead manager. The initial coupon rate of 9.00% per annum was fixed as part of bookbuilding, setting the yield to maturity at 9.31% per annum. There is a three-year call provision. The issue is eligible to be used as investment with pension savings and insurance reserves.
The bond issue by OOO VIS FINANCE became the first transaction when retail investors could take part in the initial placement through the BCS World of Investments app. Most of the bids from private customers (FG BCS customers) were received through the mobile app.
AO VIS Group is a Russian infrastructure holding that is one of the leaders in the domestic PPP market and is also on the list of Russia’s systemically important companies. It invests own funds into new transport, social and utilities infrastructure through PPPs and concessions, managing each stage of their lifecycle (structuring projects, raising funds, building and maintaining new sites). The backlog on contracts in late 2019 totaled 360 billion roubles.
The Company has a ‘A(RU)’ credit rating from Russia’s rating agency AKRA.
It has recently come to our attention that some individuals in Estonia with whom we have no business relationship have received phone calls from an individual purporting to be a BCS GM employee and soliciting BCS GM investment services and investments. Please note that BCS GM does not maintain an office in Estonia. We also take no action to promote our services in Estonia through phone calls or otherwise. If you ever have any questions of whether a person contacting you is actually an employee of BCS GM, please do not hesitate to contact us at +44 20 7065 2161 or email at firstname.lastname@example.org
We also strongly recommend that you report any such cases to the national police.