February 12, 2018 |
|Russian real estate developer Leader-Invest, part of multi-industry holding Sistema, has set the final guidance for the first coupon of a 4 billion ruble 5-year exchange bonds at 11.70% annually, a banking source told PRIME on Monday.|
The guidance corresponds to a 12.04% annual yield to a 3-year put. The initial yield guidance was defined at 11.70% annually.
The issue carries semiannual coupons. The technical placement is scheduled for February 21.
BCS Global Markets, Bank Otkritie Financial Corporation, Sovcombank, and Sviaz-Bank act as organizers of the placement, while MTS-Bank and East West United Bank act as co-organizers.
Issue: Lider-Invest, BO-P02
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||JSC "Lider-Invest"|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Construction and development|