By Christine Van Dusen
Atlanta, Feb. 7 - Russia's Sberbank priced a $250 million tap of its 6 1/8% notes due Feb. 7, 2022 at par to yield 6 1/8%, a market source said.
The notes priced in line with talk, set at par.
Barclays Capital, BNP Paribas, Citigroup and Troika Dialog were the bookrunners for the Rule 144A and Regulation S deal.
The original issue totaled $500 million and priced at par to yield 6 1/8%, or Treasuries plus 432.8 basis points.
Sberbank is a Moscow-based lender.
| Issuer: | Sberbank
|
| Amount: | $250 million
|
| Maturity: | Feb. 7, 2022
|
| Description: | Notes
|
| Bookrunners: | Barclays Capital, BNP Paribas, Citigroup, Troika Dialog
|
| Coupon: | 6 1/8%
|
| Price: | Par
|
| Yield: | 6 1/8%
|
| Trade date: | Feb. 3
|
| Settlement date: | Feb. 7
|
| Distribution: | Rule 144A and Regulation S
|
| Price talk: | Par
|
| Original issue: | $500 million priced at par to yield 6 1/8%
|
© 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.
