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 80.0937 -0.1752 14 jul
USD 70.7479 -0.4819 14 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1218.26 -1.32 10:01 14 jul
micex 2742.25 -0.89 10:01 14 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 195.70 -2.61 23:49 14 jul
lkoh 4926.50 -3.36 23:49 14 jul
rosn 354.95 -2.49 23:49 14 jul
sber 208.39 -1.83 23:49 14 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 80.1250 -0.0800 14:59 14 jul
USDTD 70.6050 -0.0625 17:44 14 jul