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MOSCOW, Mar 29 (PRIME) -- Russian Railways has cut the yield guidance for a ruble-denominated issue of 6.5-year Eurobonds to 8.875–9.000% from 9.000–9.125%, a banking source told PRIME on Friday.
Demand amounts to about 40 billion rubles, the source said.
On Thursday, a source told PRIME that Russian Railways would offer at least 15 billion rubles of Eurobonds.
J.P.Morgan, Sberbank CIB and VTB Capital are the deal organizers.
(64.8012 rubles – U.S. $1)
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