The NovaPay payment system from Nova Posta group will start a public offering of its debut issue of three-year bonds worth UAH 100mn on April 14.
According to the prospectus, the bonds are issued with one coupon to be paid simultaneously with maturity – from April 14 to April 20, 2026, with nominal yield of 20% per annum.
NovaPay will independently place the bonds on the PFTS stock exchange; the planned sale price is at par, but it can be revised upwards depending on demand.
The issuer does not offer a mandatory offer, but allows early redemption by agreement of the parties at an agreed upon cost between them.
