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UBRD guides 5.5Y Subordinated Eurobonds at 12%

June 24, 2013
Ural Bank for Reconstruction and Development plans to sell 5.5Y Subordinated Eurobonds in minimum amount of $50m at 12%, banking source said to Cbonds. UBRD set guidance of the note at 12%. The deal is expected to close as early as today's business . The issuer mandated Sberbank CIB, BNP Paribas and BCP Securities as bookrunners. Bank held a meetings with invetors in Switzerland and UK on previous week.
Company — UBRD
  • Full name
    Public Joint Stock Company «The Ural Bank for Reconstruction and Development» (UBRD, PJSC)
  • Registration country
    Russia
  • Industry
    Banks