B&N Bank to place 5 bln rbl additional bonds at par
September 14, 2016
Russia’s B&N Bank, also known as Binbank, plans to place 5 billion ruble additional issues of exchange bonds of the second series at par, the bank said in a statement Wednesday. On Tuesday, the bank set the guidance for the price of a 15th additional issue worth 2 billion rubles and an 18th additional issue worth 3 billion rubles at no less than 100% of a face value. Both issues mature in September 2025. The technical placement is scheduled for Thursday. B&N Bank and Sovcombank act as the placement’s organizers. Currently, the bank has a total of 19 billion rubles of exchange bonds of the second series in circulation, including additional issues. |
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Statusoutstanding
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Country of riskRussia
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Redemption (put/call option)
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Amount24,000,000,000 RUB
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М/S&P/F— / — / —
Company — BINBank (doesn't exist)

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Full nameB&N Bank (Public Joint-Stock Company)
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Registration countryRussia
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IndustryBanks
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