By Christine Van Dusen
Atlanta, June 21 - Russia's Sberbank priced a $1 billion issue of notes due June 28, 2019 (A3//BBB) to yield 5.18%, according to a source close to the deal.
No other pricing information was immediately available on Thursday.
Price talk was revised to 5.2% from a range of 5¼% to 5.3%.
Bank of America Merrill Lynch, JPMorgan, Mitsubishi UFJ and Troika were the bookrunners for the Regulation S transaction.
Sberbank is a Moscow-based lender.
| Issuer: | Sberbank
|
| Amount: | $1 billion
|
| Maturity: | June 28, 2019
|
| Description: | Notes
|
| Bookrunners: | Bank of America Merrill Lynch, JPMorgan, Mitsubishi UFJ, Troika
|
| Yield: | 5.18%
|
| Trade date: | June 21
|
| Settlement date: | June 28
|
| Ratings: | Moody's: A3
|
| Fitch: BBB
|
| Distribution: | Regulation S
|
| Price talk: | 5.2%, revised from 5¼%-5.3%
|
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