September 13, 2017 |
|Etalon LenSpetsSmu, a unit of Russian real estate developer Etalon, has set the final first coupon rate guidance for 5 billion ruble 5-year bonds at 8.95%, a banking source told PRIME on Tuesday.|
The final guidance corresponds to a yield to maturity of 9.26%.
The initial coupon guidance for the bonds amounted to 9.40–9.65%, which corresponds to a yield to maturity of 9.74–10.01%.
The technical placement of the bonds is preliminarily scheduled for Friday. Alfa-Bank, Raiffeisenbank, Russian Agricultural Bank, and Sovcombank act as organizers.
Issue: Etalon LenSpetsSmu, 001P-02
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
Company: Etalon LenSpetsSmu
|Full company name||JSC Etalon LenSpetsSMU|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Construction and development|