×
For more information, get in touch with our team:
+44 7918 53 08 73
Hint mode is switched on Switch off
DATA PLATFORM FOR FINANCIAL MARKET PROFESSIONALS AND INVESTORS
  • High performance interface for global bond market screening
  • Full information on close to 500,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 100 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

Ak Bars Bank gets $750m in orders for $500m eurobond

November 15, 2012
On November 9 Ak Bars Bank closed an order book for a $500m 8.75% eurobond due 2015. Credit Suisse and VTB Capital arranged the issue. Ak Bars Luxembourg S.A. is the issuer. The note issue is part of its $1.5bn LPN programme. Earlier the bank held investor meetings in Europe and Asia. The road show went to Hong Kong, Singapore, Zurich, Geneva and London. The marketing campaign resulted in high demand from European and Asian investors. Investors placed over 100 orders worth over $750m; the issue was priced below yield guidance (8.75%). The proceeds will be used to finance the bank's core business, including lending.
  • Status
    redeemed
  • Country of risk
    Russia
  • Redemption (put/call option)
    *** (***)
  • Amount
    500,000,000 USD
  • М/S&P/F
    — / — / —
Company — AK BARS Bank
  • Full name
    Joint-Stock Commercial Bank "AK BARS" (Public Joint-Stock Company) AK BARS Bank
  • Registration country
    Russia
  • Industry
    Banks