Source: MTS to collect bids for 10 bln rbl 3-yr bonds on Thu

MOSCOW, Dec 17 (PRIME) -- Major Russian mobile operator MTS will collect bids for 10 billion ruble 3-year exchange bonds on Thursday, a banking source told PRIME on Tuesday.

The first coupon guidance stands at 6.65% annually, which corresponds to a yield to maturity of no more than 6.82% annually.

The bonds carry quarterly coupons. The technical placement is preliminarily scheduled for December 26.

Credit Bank of Moscow, Gazprombank, Sberbank CIB, Sovcombank and VTB Capital are organizing the deal.

(62.7686 rubles – U.S. $1)

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