E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/19/2013 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

New Issue: Russia's Nomos-Bank sells $500 million 7¼% notes due 2018 at par

By Christine Van Dusen

Atlanta, April 19 - Russia's OAO Nomos-Bank priced a $500 million issue of 7 ¼% notes due 2018 (Ba3//BB) at par to yield 7¼%, according to a company announcement.

The notes were talked at a yield in the low-7% area.

Citigroup, JPMorgan and VTB Capital were the bookrunners for the Rule 144A and Regulation S deal.

Nomos-Bank is a Moscow-based lender.

Issuer:OAO Nomos-Bank
Amount:$500 million
Maturity:2018
Description:Notes
Bookrunners:Citigroup, JPMorgan, VTB Capital
Coupon:7¼%
Price:Par
Yield:7¼%
Trade date:April 19
Ratings:Moody's: Ba3
Fitch: BB
Distribution:Rule 144A/Regulation S
Price talk:Low-7% area

© 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.