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VSK to collect bids for 3–4 bln rbl exchange bonds Apr 4

March 20, 2017 | Prime

Russian insurer VSK plans to collect bids for 3–4 billion ruble 5-year exchange bonds on April 4, a banking source told PRIME on Monday.

The first coupon guidance for the bonds amounts to 11.75–12.25%, which corresponds to a yield of 12.1–12.63% to an 18-month buyback offer.

The technical placement is preliminarily scheduled for April 11. B&N Bank and Sviaz-Bank act as organizers.

Company: Insurance House VSK

Full company nameJSC Military Insurance Company
Country of riskRussia
Country of registrationRussia
IndustryFinancial institutions


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