June 06, 2017 |
|Russian car leasing company Carcade has started collecting bids for 2.5 billion ruble 3-year exchange bonds, a banking source told PRIME on Tuesday.|
The first coupon guidance amounts to 13.25–13.75%, which corresponds to a 13.92–14.48% annual yield to maturity.
The bidding book will close on Thursday, while the technical placement is preliminarily scheduled for June 14.
BCS Global Markets, Russian Agricultural Bank, and Sovcombank act as organizers, and brokerage company Region is a placement agent.
Issue: Carcade, BO-03
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||LLC "Carcade"|
|Country of risk||Russia|
|Country of registration||Russia|