Credit Europe Bank to offer BO-04 bonds at 9.52%-10.04% p.a.
February 7, 2013
|Credit Europe Bank is preparing to place BO-04 bonds in amount of RUR 5 bln. Face value is RUR 1,000 per bond. The tenor is three years with a put option after one year. Coupon is payable twice a year. The coupon guidance is 9.3%-9.8% p.a., which corresponds to a yield of 9.52%-10.04%. Arrangers are Alfa-Bank, VTB Capital, NOMOS-BANK, Russian Agricultural Bank. According to preliminary data, the book will be open from Feb. 13 to Feb. 15, 2013. Preliminary date of placement is February 19, 2013.|
Issue — Credit Europe Bank, BO-04
Country of riskRussia
Redemption (put/call option)
М/S&P/F— / — / —