Source: M.Video sets 5 bln rbl bond guidance no higher than 8.25%

MOSCOW, Aug 6 (PRIME) -- Russian electronics retailer M.Video has set the first coupon guidance for at least 5 billion rubles of 3-year exchange bonds no higher than 8.25%, a banking source told PRIME on Friday.

The yield guidance corresponds to a no higher than 8.51% annual yield to maturity.

The issue carries quarterly coupons. Technical placement is preliminarily scheduled for August 11.

Alfa-Bank, BCS Global Markets, Gazprombank, Credit Bank of Moscow, Russian Agricultural Bank, SberCIB and Sovcombank are the organizers.

(73.1680 – U.S. $1)

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