Deutsche postponed ruble bond due to market conditions
September 14, 2007 Based on Interfax data
Deutsche Bank is postponing placement of debut ruble denominated bonds worth RUR 3 bln in a wait for better market conditions, a source close to the issueк tells Interfax-Afi.
Previously it was reported that Deutsche was set to place debut bond in early September.
The Russian “daughter” of the German Deutsche Bank plans to sell the5-year issue through public offering on MICEX. Deutsche Bank Luxemburg S.A. provides guarantee. Deutsche Bank itself is arranging the deal.
Russian Central Bank registered the issue on May 28 (reg. number 40103328В).
Issue — Deutsche Bank Russia, 01
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —
Company — Deutsche Bank Russia
Full nameLimited Liability Company "Deutsche Bank"