June 08, 2017 |
Russian distilled spirits producer Synergy has lowered the guidance for the first coupon of its 5 billion ruble 5-year exchange bonds to 9.60–9.75% annually from 9.75–10.25% annually, a banking source told PRIME on Thursday.
The new guidance corresponds to a 9.83–9.99% annual yield to maturity.
The issue carries semiannual coupons and envisages a 25% amortization of debt on dates of the sixth and eighth coupons, and a 50% amortization on the date of the 10th coupon.
The technical placement is preliminary scheduled for June 13. Sovcombank acts as the organizer.
Emission: Beluga Group, BO-P01
|Status||Country of risk||Redemption (offer)||Volume||Emission Rating (M/S&P/F)|
Company: Beluga Group
|Full company name||PJSC Beluga Group|
|Country of risk||Russia|
|Country of registration||Russia|