Published on 9/21/2005 in the Prospect News Emerging Markets Daily.
New Issue: Russia's Seventh Continent sells $90 million two-year bonds to yield 7¼%
New York, Sept. 21 - Moscow-based retailer OAO Seventh Continent priced $90 million of two-year bonds at par to yield 7¼%, according to a market source.
The issue will call be callable after one year.
MDM Bank was the lead manager for the issue.
| Issuer: | OAO Seventh Continent
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| Amount: | $90 million
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| Maturity: | Two years
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| Coupon: | 7¼%
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| Issue price: | Par
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| Yield: | 7¼%
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| Call option: | After one year
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| Lead manager: | MDM Bank
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