Last week the Belarusian Eurotorg placed $300 million 5-year Eurobonds
October 20, 2020
Issue information: Volume: $300 mln Coupon Rate: 9% annual Coupon frequency: 6 months Maturity date: October 22, 2025 Spread to mid-swaps: 861 b.p. Listing: Irish Stock Exchange Bookrunners: J.P. Morgan and Renaissance Capital. At the same time, the company intends to buy back $240 977 000 of its 8.75% 30oct2022 Eurobonds (the outstanding volume of the issue excluding securities held by the issuer itself or its subsidiaries). The early deadline for accepting applications for participation in the redemption is October 14. At the moment, 79.97% of bondholders have submitted applications (excluding the notes held by the issuer and its subsidiaries). The total volume of applications submitted is $192,700,000. |
Issue — Eurotorg, 9% 22oct2025, USD
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Statusoutstanding
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Country of riskBelarus
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Redemption (put/call option)
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Amount300,000,000 USD
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М/S&P/F— / — / —
Company — Eurotorg
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Full nameEurotorg LLC
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Registration countryBelarus
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IndustryTrade and retail
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