A source close to the deal tells Prime that Russian Standard Bank – one of top thirty Russian banks – has given investors a yield guidance of around 8% p.a. on its new CNY-denominated Eurobonds. According to the source, the bank is looking to sell a 2-year issue.
On January 29-30, Russian Standard Bank held a road show in Singapore and Hong Kong for the Eurobonds in China’s currency. Arrangers are BNP Paribas and HSBC.
Russian Standard Bank
Russian Standard Bank is one of the leading consumer lenders in Russia and one the country’s most profitable privately held banks, offering world-class products and services to a broad range of custo...