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Demand for Russian Railways Eurobonds exceeds 33 bln rbl

February 27, 2017 | Prime

Demand for Russian Railways’ 7-year ruble-denominated Eurobonds has exceeded 33 billion rubles, a banking source told PRIME on Monday.

The yield guidance for the Eurobonds was lowered to 9–9.15% annually from 9.2%.

Gazprombank, J.P. Morgan, and VTB Capital act as organizers. The bid book will be closed at 5:00 p.m. Moscow time.

Earlier in February, Russian Railways placed U.S. $500 million Eurobonds to a yield of 4.375%.

Company: RZD

Full company nameRussian Railways
Country of riskRussia
Country of registrationRussia
IndustryTransportation

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