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Published on 7/30/2015 in the Prospect News Emerging Markets Daily.

Russia’s AK Bars sets talk at 8% for $300 million three-year notes; pricing expected Thursday

By Christine Van Dusen

Atlanta, July 30 – AK Bars Bank OJSC set talk at 8% for a $300 million offering of three-year notes, a market source said.

Credit Suisse and UBS are the bookrunners for the deal, which is expected to price on Thursday.

AK Bars is a bank based in Kazan, the Republic of Tatarstan, in Russia.


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