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SMP Bank to collect bids for 5 bln rbl bond issues Tue, Wed

February 14, 2017 | Prime

Russia’s SMP Bank intends to collect bids for two issues of perpetual bonds worth 5 billion rubles on Tuesday and Wednesday to be offered publicly, the bank said in a statement late on Monday.

On Tuesday, the bank will offer a 2 billion ruble issue of the 02 series and on Wednesday it will place a 3 billion rubles issue of the 03 series. Technical placements are scheduled for February 22 and 27, respectively.

The coupon rates starting with the third coupon are set at the central bank’s key rate plus one percent point.

Issue: SMP Bank, 02

StatusCountry of riskAmountIssue ratings (M/S&P/F)
outstandingRussia2,000,000,000 RUB-/-/-

Company: SMP Bank

Full company nameSMP Bank
Country of riskRussia
Country of registrationRussia
IndustryBanks

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