March 02, 2017 |
|Leasing company TransFin-M has narrowed the coupon guidance for 5 billion rubles worth of 10-year exchange bonds to 12.75–13.00% annually, a banking source told PRIME on Thursday.|
The new coupon guidance corresponds to a 13.16-13.42% annual yield to a 1-year put.
The bidding book was open on Thursday with a coupon guidance of 12.75–13.25% annually, which corresponds to a 13.16–13.69% annual yield.
Bids will be accepted until 4:00 p.m., Moscow time. The technical placement is preliminarily slated for March 6.
The bonds carry semiannual coupons.
Bank Zenit, B&N Bank and Sovcombank will act as organizers.
Issue: TransFin-M, 001P-02
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||TransFin-M PJSC|
|Country of risk||Russia|
|Country of registration||Russia|