On 11 June 2020, MOEX added OOO RESO Leasing bonds worth five billion roubles to its list of fixed income securities, with BCS Global Markets as the bookrunner.
The initial coupon rate of 7.60%-7.70% per annum was reduced as part of bookbuilding to 7.50% per annum, setting the yield to maturity at 7.64% per annum. There is a two-year call provision.
The issue is eligible to join the Bank of Russia’s Lombard List as well as be used as investment with pension savings and insurance reserves.
RESO Leasing is a leasing company specializing in the lease of cars, freight and commercial vehicles, primarily to SMEs. The company is headquartered in Moscow, with a network of 66 regional offices across Russia.
The company has BB+ rating from S&P and ruA+ rating from the Russian agency Expert RА.
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 email@example.com
We also strongly recommend that you report any such cases to the national police.