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Russia's Home Credit & Finance Bank talks $500 million three-year notes at 11%
By Aaron Hochman-Zimmerman
New York, June 13 - Home Credit & Finance Bank (Ba3/B+) talked its $500 million offering of three-year loan participation notes at 11%, according to a market source.
Citigroup will act as bookrunner for the Regulation S deal.
The notes will be putable after 18 months.
HCFB is a Moscow-based retail and commercial bank.
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