Source: Azbuka Vkusa to offer 5 bln rbl 10-year bonds on June 21 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: Azbuka Vkusa to offer 5 bln rbl 10-year bonds on June 21

MOSCOW, Jun 14 (PRIME) -- Russian food retailer Gorodskoi Supermarket LLC, operating under the Azbuka Vkusa brand, plans to offer 5 billion rubles of 10-year exchange bonds on June 21, a banking source told PRIME on Friday.

The first coupon guidance stands at 9.50–9.75% annually, which corresponds to a 9.84–10.11% annual yield to a 3-year put.

The issue carries quarterly coupons, and the technical placement was preliminary scheduled for June 28.

Credit Bank of Moscow and Sovcombank will act as the organizers.

(64.6314 rubles – U.S. $1)

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14.06.2019 14:12