GEOTECH Seismic Services Will Place Two Issues of 5-year Bonds for RUR 6 Billion

GEOTECH Holding JSC, the leading pure-play land and transition zone seismic company in Russia and the CIS and one of the largest land seismic companies globally, announces that PJSC Geotech Seismic Services (the largest company of GEOTECH Holding CJSC, the managing company for IGSS assets) adopted a decision to place two debut issues of 5-year bonds for the total amount of RUR 6 billion.

The Board of Directors of PJSC Geotech Seismic Services (the largest company of GEOTECH Holding JSC, the managing company for IGSS assets) adopted a decision to place two debut issues of 5-year bonds of series 1 and 2, for the total amount of RUR 6 billion.

The bonds will be issued by means of open subscription in two issues of RUR 3 bln each. Bond par value is RUR 1 thousand. The bonds have an option of early redemption at the discretion of the issuer and upon the request of the bond owners.

CJSC VTB Capital and CJSC SBERNBANK CIB will be the managing banks for the bonds issue. The underwriters for the bonds issue can be the above mentioned managing banks, as well as any of the banks listed below: OJSC Gazprombank, CJSC Raiffeisen Bank, OJSC Sviaz-Bank, OJSC Otkritie Bank, OJSC NOMOS-BANK, OJSC Alfabank.