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Published on 7/10/2019 in the Prospect News Emerging Markets Daily.

New Issue: Eurotorg prices RUB 5 billion 10.95% five-year notes

By Rebecca Melvin

New York, July 10 – Bonitron DAC said Eurotorg LLC has priced RUB 5 billion five-year unsecured bonds with a 10.95% coupon, according to a release.

The bonds represent the company’s debut bond offering denominated in rubles, and have been admitted to listing on Moscow Exchange.

Bonitron is a Dublin-based special purpose entity. It issued the notes on behalf of Eurotorg, a supermarket operator based in Minsk, Belarus.

Issuer:Bonitron DAC
Company:Eurotorg LLC
Issue:Unsecured bonds
Amount:RUB 5 billion
Maturity:Five years
Coupon:10.95%

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