Source: Uralkali sets 15 bln rbl bond final guidance at 7.7% - 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: Uralkali sets 15 bln rbl bond final guidance at 7.7%

MOSCOW, Jun 7 (PRIME) -- Russian fertilizer producer Uralkali has set the final coupon guidance for 15 billion ruble 5-year exchange bonds at 7.7% annually, a banking source told PRIME on Thursday.

The guidance corresponds to a 7.85% yield to a put option.

The initial coupon guidance amounted to 7.7–7.8%, which corresponded to a yield of 7.85–7.95%.

The issue carries semiannual coupons.

The technical placement of the bonds is preliminarily scheduled for June 15. Gazprombank, Renaissance Capital, Sberbank CIB, and UniCredit Bank will act as organizers.

(62.0064 rubles – U.S. $1)

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07.06.2018 18:29