May 23, 2017 |
|Russia’s X5 Retail Group plans to collect bids for 10 billion ruble 15-year exchange bonds on Wednesday, a banking source told PRIME on Tuesday.|
The first coupon rate guidance for the bonds amounts to 8.60–8.75%, which corresponds to an annual yield of 8.79–8.94% to a 3.5-year buyback offer.
The technical placement of the bonds is preliminarily scheduled for Friday. Russian Agricultural Bank, Sberbank CIB and UniCredit Bank will act as organizers.
Company: X5 Finance
|Full company name||X5 Finance|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Trade and retail|