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)
January 18, 2017
French national relics exhibition planned to be held in Moscow shows highest level of confidence between countries - Shvydkoi
Russian-Turkish operation in Aleppo to prompt Syrian opposition to participate in Astana meeting - expert
Mobile system to prevent terror attacks developed in Belarus
Kyiv refuses to swap five ex-Berkut special-forces officers for Ukrainians captured in Donbas
Russian, UN diplomats discuss Syria, upcoming Astana meeting
Russian-Turkish air operation in Syria becomes first-ever example of non-bloc cooperation - Klintsevich
Tajik army's chief of general staff killed in road accident - source (Part 2)
Putin, Merkel, Hollande discuss Minsk Agreements implementation, aren't satisfied with overall situation in Ukrainian crisis settlement
Tajik army's chief of general staff killed in road accident - source
Ruble up against dollar, euro on demand for liquidity
Putin informs Merkel, Hollande on Syrian truce, Astana meeting
Poroshenko reminds EU Commissioners Dombrovskis, Mogherini about EU granting Ukraine visa-free regime
Russia could place all budgeted $3 bln in Eurobonds for 2017 in one go - Siluanov