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Rusfinance Bank may place RUR 12bn worth of bonds in spring 2008

January 14, 2008 | Cbonds

Rusfinance Bank postponed the placement of RUR 12bn worth of bonds, informed the bank’s press office. “It is very difficult to raise funds in developing markets due to the current economic situation. We will issue these bonds as soon as the market conditions improve”, commented the press office. According to the bank’s PR-manager Alla Prokhorova, the placement might be carried out as soon as spring 2008.

Rusfinance Bank registered its 5th, 6th, and 7th bond issues on November 26, 2007. The 3 issues amount to RUR 12bn. The 5th issue matures in 3 years, the 6th issue has a 4 year maturity, the 7th issue matures in 5 years.

Issue: Rusfinance Bank, 05

StatusCountry of riskAmountIssue ratings (M/S&P/F)
cancelledRussia4,000,000,000 RUB-/-/-

Company: Rusfinance Bank

Full company nameLimited liability company "Rusfinance Bank"
Country of riskRussia
Country of registrationRussia
IndustryBanks

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