Russia's Ak Bars Bank talks $150 million three-year notes at 7¾%-8%

By Paul A. Harris

St. Louis, Oct. 6 - AK Bars Bank SA talked its $150 million offering of three-year senior loan participation notes (expected Ba3//confirmed B+) at 7¾% to 8% on Thursday, according to a market source.

The roadshow concludes Friday in Zurich, and the offering is expected to price thereafter.

Deutsche Bank Securities has the books for the Regulation S offering.

AK Bars Bank is a full-service bank in the Russian Federation.

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