Russia’s Finance Ministry starts Eurobond placement
MOSCOW, Jun 19 (PRIME) -- Russia’s Finance Ministry has launched the placement of Eurobonds, the authority said in a statement on Monday.
A banking source told PRIME that the ministry plans to offer two dollar-denominated Eurobonds with a 10 and 30 year maturity on Tuesday. The yield guidance for the issue of the 10-year Eurobonds is set at 4.25–4.50%, while for the 30-year Eurobonds at 5.25–5.50%, and VTB Capital acts as the organizer of the placemen, the source said.
Finance Minister Anton Siluanov said the ministry expects that Western investors, including investors from the U.S., will be highly interested in the Eurobonds despite the possible extension of the U.S. anti-Russian sanctions.
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19.06.2017 15:20