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Russia’s Tatfondbank may offer $60 mln Eurobonds

November 02, 2016 | Prime

Tatfondbank, one of Russia’s 50 largest banks, may offer 3-year Eurobonds worth at least U.S. $60 million, a banking source told PRIME on Wednesday.

The bank will close a bidding book for the Eurobonds at 5:00 p.m. Moscow time.

The book was opened on Monday with the yield guidance set at around 8.5%.

The bank held a road show in Zurich, Geneva, London, Hong Kong, Singapore and Moscow, and planned to offer about $150 million Eurobonds.

SC Lowy, Merdeka Capital, B&N Bank, and Sberbank CIB were chosen as organizers of the meetings and the potential offering.

Company: Tatfondbank

Full company namePublic Joint Stock Company "Joint stock investment commersial Bank "Tatfondbank" PJSC "Tatfondbank"
Country of riskRussia
Country of registrationRussia
IndustryBanks

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