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Published on 4/20/2021 in the Prospect News Emerging Markets Daily.

New Issue: Alfa Bank prices $350 million tier 2 eurobonds due 2031 at par

By Rebecca Melvin

Concord, N.H., April 20 – Alfa Bond Issuance plc, a subsidiary of Alfa Bank JSC, priced $350 million tier 2 eurobonds due 2031 at par, according to an announcement published by the London Stock Exchange.

The 10.5-year notes are non-callable for 5.5 years.

J.P. Morgan Securities plc and Alfa Bank were managers of the Rule 144A and Regulation S notes, which will be listed on the Irish Stock Exchange.

Alfa Bank is a Moscow-based commercial lender.

Issuer:Alfa Bond Issuance plc
Guarantor:Alfa Bank JSC
Issue:Eurobonds (tier 2)
Amount:$350 million
Maturity:2031
Stabilizing managers:J.P. Morgan Securities plc and Alfa Bank
Price:Par
Calls:Non-callable for 5.5 years
Pricing date:April 20
Distribution:Rule 144A and Regulation S

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