March 16, 2017 |
Russia’s Chelyabinsk Pipe-Rolling Plant (ChelPipe) plans to offer 5 billion ruble 7-year exchange bonds soon, a banking source told PRIME on Wednesday.
The guidance for the first coupon rate is set at 9.7–9.9% annually, which corresponds to a 10.06–10.27% annual yield to maturity.
The issue carries quarterly coupons.
VTB Capital, Gazprombank, UniCredit Bank and Sberbank CIB will act as organizers.
|Full company name||PJSC Chelpipe|
|Country of risk||Russia|
|Country of registration||Russia|