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)
June 26, 2017
Majority of Ukrainians consider March 8, May 1, 9 important holidays, but don't regret USSR's collapse - poll
Ruble strengthens on oil
Sberbank to appeal Transneft ruling before July 21 (Part 2)
Main indexes of the Russia stock market for June 26
Aggregated results for trading of shares in Moscow Exchange
Moldovan president lambasts supporters of Moldova's unification with Romania
Results of Interregional Trading for OFZ & OBR
Capitalization of Russian stock market increases 0,19% on Monday
MICEX stock index slides as ruble strengthens, Sistema falls most
Bulava ICBM launched from Barents Sea strikes set targets in Kamchatka missile test range
RBC apologizes to Sechin for circulating inaccurate information - announcement
Daily Headline News for June 26, 2017
Over 45,000 Ukrainians enjoyed visa-free travel to EU in past 2 weeks