June 06, 2017 |
Russia’s Chelyabinsk Pipe-Rolling Plant (ChelPipe) plans to collect bids for 10 billion ruble 10-year exchange bonds on Friday, a banking source told PRIME on Tuesday.
The first coupon guidance was set at 9.00–9.25%, which corresponds to a 9.20–9.46% yield to a 4-year buyback offer.
The issue will carry semiannual coupons.
The technical placement was scheduled for June 20.
BCS Global Markets, Raiffeisenbank, Rosbank, Renaissance Capital and Sovcombank will act as organizers.
|Full company name||PJSC Chelpipe|
|Country of risk||Russia|
|Country of registration||Russia|