Logo
  Monday, October 21, 2019
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

Alfa Bank said Tuesday it had placed $500 million in Eurobonds with a five-year maturity
Alfa Bank, Russia's largest privately-owned bank, said Tuesday it had placed $500 million in Eurobonds with a five-year maturity. Alfa Bank, founded in 1990, said the Eurobond issue proceeds would be used for general corporate goals. "This is the fifth and the largest tranche under the $2 billion Euro Medium Term Notes (EMTN) program launched in 2004," Alfa Bank said in a statement. The Eurobonds, carrying an interest rate of 8.2% per annum and rated Ba1 by Moody's and BB by Standard & Poor's, were listed on the London Stock Exchange, the statement said. During the placement, 46% of the Eurobonds - whose lead managers were Credit Suisse and UBS - were purchased by U.S. investors, followed by investors from Great Britain (26%), Switzerland (8%), the Netherlands (7%), Italy (4%), Asia (4%) and other countries (5%), the statement said.
Print Alfa Bank said Tuesday it had placed $500 million in Eurobonds with a five-year maturity Bookmark Alfa Bank said Tuesday it had placed $500 million in Eurobonds with a five-year maturity

Related News   
MayJune 2007Jul
MoTuWeThFrSaSu
28293031123
45678910
11121314151617
18192021222324
2526272829301
2345678