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, 2017
RUSSIA VETOES UN SECURITY COUNCIL RESOLUTION ON SANCTIONS AGAINST SYRIA
Main indexes of the Russia stock market for February 28
Naftogaz expects to end heating season with 6 bcm of gas remaining in storage
Kyrgyz president to visit Russia in 2017
MEDVEDEV: WE SHOULD GET READY TO LIVING UNDER SANCTIONS INDEFINITELY LONG, WE SEE THAT ONE TRIES TO 'PERPETUATE' THEM IN LEGISLATION
Azerbaijan should recognize right of people of Nagorno-Karabakh to self-determination - Armenian president
Russian stocks finish Feb with selloff; volume highest since Dec; oversold electricity stocks rebound
Aggregated results for trading of shares in Moscow Exchange
Capitalization of Russian stock market decreases 1,62% on Tuesday
Results of Interregional Trading for OFZ & OBR
Kyrgyz president denies underlying political considerations in opposition leader's case
Bandit who fired on police eliminated in Dagestan - Russian Investigative Committee
Russian reduces grain exports 60% to 897,000 in February 1-19 - Agriculture Ministry