Russia's Lebedyanski to sell RUR 1.5 billion three-year floaters

By Reshmi Basu

New York, Feb. 28 - Russian juice producer Lebedyanski plans to sell a RUR 1.5 billion offering of three-year floating-rate notes (Ba3) via the MICEX Stock Exchange, according to a market source.

Price talk has been set at Mosprime plus 170 to 180 basis points.

This is the first corporate floater to be sold on the Russian bond market. The auction is scheduled to take place on March 6.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.