Source: Kamaz raises offer of 3-year exchange bonds to 5 bln rbl - 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: Kamaz raises offer of 3-year exchange bonds to 5 bln rbl

MOSCOW, Oct 16 (PRIME) -- RussiaТs largest truck producer Kamaz has raised an offer of 3-year exchange bonds to 5 billion rubles from 3 billion rubles, and set a new guidance for the first couponТs rate of 7.75% annually, a banking source told PRIME on Wednesday.

The new guidance corresponds to a yield to maturity of 7.98% annually.

Initially, the company planned to place at least 3 billion rubles of bonds with the first coupon guidance of 7.75Ц8.00% annually, which corresponds to a yield of 7.98Ц8.25% annually to maturity.

The issue carries quarterly coupons.

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

(64.2548 rubles Ц U.S. $1)

End

16.10.2019 13:53
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.7594 +0.0349 07 dec
USD 63.7185 -0.0950 07 dec
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1432.98 +0.18 13:55 06 dec
micex 2900.46 +0.04 13:55 06 dec
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 245.76 -0.24 13:30 06 dec
lkoh 6126.00 +0.07 13:30 06 dec
rosn 438.30 -0.02 13:30 06 dec
sber 232.84 +0.49 13:30 06 dec
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.7550 -0.0400 13:34 06 dec
USDTD 63.7450 -0.0375 13:34 06 dec