April 21, 2017 |
Russian Tinkoff Bank has lowered the first coupon guidance for 5 billion ruble exchange bonds to 9.65-9.75% annually, a banking source told PRIME on Friday.
The new coupon guidance corresponds to a 9.88-9.99% annual yield to a 2-year buyback offer.
The issue carries semiannual coupons. The technical placement is scheduled for April 28.
Sberbank CIB and Sovcombank act as the placement’s organizers.
Emission: Tinkoff Bank, 001P-01R
|Status||Country of risk||Redemption (offer)||Volume||Emission Rating (M/S&P/F)|
Company: Tinkoff Bank
|Full company name||Tinkoff Bank|
|Country of risk||Russia|
|Country of registration||Russia|