Sovcomflot guides seven-year dollar notes tighter to 4 1/8% area

By Cristal Cody

Chicago, April 20 – Russia’s SCF Capital Ltd. is in the market with an expected split-rated offering of dollar-denominated notes due April 26, 2028 expected in the 4 1/8% area, according to a market source.

Price expectations are now lower than initial price talk in the 4 3/8% area.

Alfa Bank, Citigroup, ING, JPMorgan, SberBank and VTB Bank are leading the offering.

Sovcomflot is a maritime shipping company based in St. Petersburg, Russia.

© 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.