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Bank of Moscow set guidance for dollar-denominated 5½ year-bonds at 7 3/8% area
By Reshmi Basu
New York, May 10 - JSC Bank of Moscow has set guidance for an offering of dollar-denominated 51/2-year bonds (Baa2//BB+) at the 7 3/8% area, according to a market source.
BNP Paribas and JP Morgan are running the Rule 144A/Regulation S deal.
The issue is a full-service Russian bank with more than 50% of its shares controlled by the government of the Russian Federation.
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