July 31, 2017 |
|Russia’s B&N Bank has set the first coupon guidance of its 3 billion ruble 1-year exchange bonds at 11.00–11.25% annually, a banking source told PRIME on Monday.|
The guidance corresponds to an 11.57–11.85% annual yield to maturity.
The technical placement is scheduled for Wednesday.
The issue encompasses coupon payments on 21st day of each month. B&N Bank and Sovcombank act as organizers of the placement.
Issue: B&N Bank, BO-P05
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
Company: B&N Bank
|Full company name||B&N Bank (Public Joint-Stock Company)|
|Country of risk||Russia|
|Country of registration||Russia|