February 04, 2013 18:41
Gazprombank placing 3-yr yuan Eurobonds at 4% (Part 2)
MOSCOW. Feb 4 (Interfax) - Final yield guidance for Gazprombank's (RTS: GZPR) three-year yuan-denominated Eurobonds is 4% per annum, a financial market source told Interfax.
Gazprombank plans to close the deal on Monday.
BNP Paribas and Gazprombank are organizing the issue, and GPB Eurobonds Finance Plc is the issuer.
As reported, yield guidance for Gazprombank's three-year dim sum bonds was around 4% pa.
As of late, the Chinese debt market has been enjoying popularity among Russian banks. In January, Russian Agricultural Bank (Rosselkhozbank) (RTS: RSHB) placed 1 billion Chinese yuan worth of three-year Eurobonds at 3.6% pa. Russian Standard placed 500 million yuan of two-year bonds at 8% pa, and before that, VTB (RTS: VTBR) placed an additional 1 billion yuan in Eurobonds at 3.802% pa.
The last time Gazprombank entered the foreign debt market was in January, when it placed 20 billion rubles worth of Eurobonds at 7.875% pa.
(Our editorial staff can be reached at firstname.lastname@example.org)
February 28, 2015
Poroshenko expresses hope 1st tranche of IMF loan arrives in March
Polish cultural institutions snub govt's anti-Russian position, actively cooperate with Russia - Medinsky
Poland must explain vandalizing of WWII memorials - Russian Foreign Ministry
Ukraine to halve 1st tranche of IMF loan between central bank, Cabinet - minister
Visit by delegation of Yemeni political parties productive, Moscow says
Ukrainian newspaper photographer killed in mortar attack near Donetsk
Nemtsov tribute rallies held in Yaroslavl, N. Novgorod
Trainload of aid to arrive in Luhansk from Russia
Over 200 people rally in St. Petersburg in tribute to Nemtsov
Russian Orthodox Church hopes for swift probe into Nemtsov murder
Donetsk People's Republic: militiaman killed in landline explosion
Sukhoi Civil Aircraft, VEB in talks to ship Superjets to Western Europe - VEB
Lavrov to raise issue of Christians' protection with UNHRC in Geneva