Russia’s KOKS sets initial talk at 12½%-13% for dollar 3½-year notes; pricing expected Tuesday

By Christine Van Dusen

Atlanta, June 30 – KOKS Group set initial talk at 12½% to 13% for a dollar-denominated offering of notes due in 3½ years, a market source said.

Citigroup, Renaissance Capital and Sberbank are the bookrunners for the Regulation S deal.

KOKS Group is a coke and pig iron producer and miner based in Moscow.

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