MOSCOW, Jun 27 (PRIME) -- Russia’s largest truck producer Kamaz plans to offer at least 3 billion rubles of 3-year exchange bonds on July 2, a banking source told PRIME on Thursday.
The first coupon’s guidance is 8.50–8.65% annually, which corresponds to an 8.77–8.94% annual yield.
The issue carries quarterly coupons, and Kamaz will redeem the bonds through partial amortizations of the principal debt.
Credit Bank of Moscow and Sovcombank will act as the organizers.
(62.8083 rubles – U.S. $1)
End
|
|
