Source: Uzhuralzoloto caps 5 bln rbl bond coupon guidance at 10.4%
MOSCOW, Apr 25 (PRIME) -- Russian gold producer Uzhuralzoloto Group of Companies (UGC) has set the coupon guidance for at least 5 billion rubles of 2.5-year exchange bonds at up to 10.4% annually, a financial source told PRIME on Tuesday.
The coupon corresponds to a yield of up to 10.67% annually. The issue carries semiannual coupons.
The technical placement is preliminarily scheduled for Thursday.
The issue carries semiannual coupons. BCS CIB, Gazprombank, brokerage company Region, Russian Agricultural Bank, and Sinara Investment Bank will organize the placement.
(81.2745 rubles – U.S. $1)