MOSCOW, Jun 15 (PRIME) -- Russia's biggest lender Sberbank plans to collect investors' bids for at least 15 billion rubles of 5-year exchange bonds on Wednesday–Friday, a financial source told PRIME on Tuesday.
The coupon guidance amounts to about 7.4% annually, which corresponds to a yield of 7.54% to maturity.
The issue carries semiannual coupons. Technical placement is preliminarily scheduled for June 21.
Sberbank CIB acts as the organizer.
(71.6797 – U.S. $1)
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