January 16, 2018 | Cbonds
VTB will offer up to 70% of the issue of Sberbank Eurobonds with a coupon rate of 4.15% and maturity on March 6, 2019, in the secondary market, the bank informs. The deal will be implemented as a Dutch auction, the initial reference point for the price – 101%.
The supply will be 350 million dollars. The nominal issue size is 500 million dollars.
As previously reported, in December, VTB offered up to 90% of the issue of Sberbank Eurobonds with a coupon rate of 3.08% and maturity on March 7, 2019, in the secondary market.
Emission: Sberbank, 4.15% 6mar2019, USD (18)
|Status||Country of risk||Redemption (offer)||Volume||Emission Rating (M/S&P/F)|
|Full company name||Sberbank of Russia|
|Country of risk||Russia|
|Country of registration||Russia|