March 20, 2017 |
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 name||JSC Military Insurance Company|
|Country of risk||Russia|
|Country of registration||Russia|