February 06, 2017 |
|Russian pump and modular equipment producer Hydromashservice may collect bids for 3 billion ruble 10-year exchange bonds of the first series in the first half of February, a banking source told PRIME on Monday.|
The first coupon guidance was set at 11.00–11.25% annually, which corresponds to an 11.30–11.57% annual yield to a 3-year buyback offer. The issue carries semiannual coupons.
The technical placement is planned in February.
Raiffeisenbank, Renaissance Capital and Sovcombank were appointed as organizers. HMS Livgidromash, HMS Neftemash, HMS Group and Sibneftemash will act as guarantors.
|Full company name||JSC "HYDROMASHSERVICE"|
|Country of risk||Russia|
|Country of registration||Russia|