February 22, 2017 |
|Demand for Russian Railways’ 7-year dollar-denominated Eurobonds has already exceeded U.S. $1.75 billion, and the bidding book will be closed at 3:30 p.m. Moscow time, a banking source told PRIME on Wednesday.|
The final yield guidance for the Eurobonds was set at 4.25–4.5%.
The company held a road show of the Eurobonds on Monday and Tuesday in London.
J.P. Morgan and VTB Capital act as organizers.
The company is also considering offering ruble-denominated Eurobonds later, a source said earlier. Gazprombank, J.P. Morgan, and VTB Capital could act as organizers.
|Full company name||Russian Railways|
|Country of risk||Russia|
|Country of registration||Russia|