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On 21 March 2016 B&N Bank Opens Order Book for Eurobond Placement of up to US$200 Million

March 21, 2016
B&N Bank is to place Eurobonds with a three-year maturity and a coupon range of 8.25%-8.75% per annum. Final price guidance will be communicated on Monday at the opening of the order book.

The planned Eurobond issue has attracted interest fr om investors in Hong Kong, Singapore, Zurich, Geneva and London, wh ere B&N Bank representatives conducted a roadshow 9-17 March.

The order book will also be closed on 21 March, after which the Bank will determine the final placement amount. The joint lead managers of the issue are both headquartered in Hong Kong: SC Lowy, a leading investment bank, and brokerage company Xiaxin Securities, with a strong base of private investors in China and Europe.
  • Full name
    B&N Bank (Public Joint-Stock Company)
  • Registration country
    Russia
  • Industry
    Banks