Published on 1/14/2021 in the Prospect News Emerging Markets Daily.
New Issue: Credit Bank of Moscow sells €750 million 3.1% five-year notes at par
By Marisa Wong
Los Angeles, Jan. 14 – Russia’s Credit Bank of Moscow priced €750 million of five-year notes (BB-/BB) at par with a 3.1% coupon, according to a notice.
Societe Generale CIB is managing the deal.
The lender is based in Moscow.
Issuer: | Credit Bank of Moscow
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Issue: | Notes
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Amount: | €750 million
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Maturity: | Jan. 21, 2026
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Manager: | Societe Generale CIB
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Coupon: | 3.1%
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Price: | Par
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Yield: | 3.1%
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Pricing date: | Jan. 13
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Ratings: | S&P: BB-
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| Fitch: BB
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