By Paul A. Harris
St. Louis, Feb. 8 - Russia's Sberbank priced a $150 million add-on to its 6.23% 10-year eurobonds (Baa2) at par, according to a market source.
UBS Investment Bank ran the books for the Regulation S offering.
Sberbank priced the original $850 million issue on Feb. 4 at par. The issue size is now $1 billion.
Sberbank is Russia's largest state-controlled bank.
Issuer: | Sberbank
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Amount: | $150 million
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Maturity: | Feb. 11, 2015
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Security description: | Add-on to 6.23% eurobonds
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Bookrunner: | UBS Investment Bank
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Coupon: | 6.23%
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Price: | Par
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Yield: | 6.23%
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Call: | Callable on Feb. 11, 2010 at par
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Trade date: | Feb. 7
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Settlement date: | Feb. 11
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Rating: | Moody's: Baa2
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