📋 Tender Overview
Rostelecom's digital assets worth 1 billion rubles on the Sber digital assets platform were sold in full to a wide range of investors. The collection of investor applications for the purchase of the issue of Rostelecom's DFA took place from May 20 to May 22, 2024, inclusive, on the Sber digital assets platform. The issue was attended by individuals, corporate clients and institutional investors.
Rostelecom's offer aroused significant interest among the bank's clients, which led to an increase in the number of platform participants by 27% during the period from the announcement of the issue to the end of the placement period, and also made it possible to collect the DFA issue in full before the deadline for collecting applications.
The fixed monthly interest income on the issue will be 16.6% per annum. The planned redemption of the DFA issue is provided for in the period from August 22 to August 30, 2024.
Anatoly Popov, Deputy Chairman of the Board of Sberbank:
“We are pleased that our digital asset platform continues to gain momentum. It is attracting more and more issuers and investors, contributing to the development of the Russian DFA market. It is important that Rostelecom’s DFA on the platform was acquired not only by legal entities, but also by individuals, which significantly expands its audience. I think that this placement will be another step for the further development of the promising DFA market in our country.”
First Vice President - CFO of Rostelecom Sergei Anokhin:
“A separate area of ??our activity has been the transition to full-fledged and regular work with digital financial assets, which are another tool for funding and liquidity management. We are pleased with the next release, now on the platform of Sber, the largest Russian bank. We believe that expanding the options for raising funds in the long term will ensure the balance, stability and flexibility of the company’s debt portfolio, expand the base of investors and creditors, and also contribute to the development of the market for new financial instruments.”
