On 15 October 2020, MOEX added SFO MOS MSP 6 bonds worth 6.2 billion roubles to its list of fixed income securities, with BCS Global Markets, again, acting as the lead manager. The initial, pre-marketing coupon rate of 5.78-5.88% per annum was decreased as part of bookbuilding to 5.83% per annum, setting the yield to maturity at 5.99% per annum. Amortization will begin from Year 2, with maturity set at 12.5 years while duration is estimated at 1.8 years. Securitization of loans to SMEs has been conducted with a surety from АО MSP Corporation. The issue is eligible to be used as investment with pension savings and insurance reserves.
АО MSP Corporation was set up by a presidential decree No. 287 ‘On Measures to Further Develop SMEs’ dated 05.06.2015. The Corporation acts as a development institution that coordinates assistance to SMEs.
The Corporation has a credit rating of AAA(RU) by Russia’s rating agency АКRА.