By Reshmi Basu
New York, May 11 - JSC First Ukrainian International Bank (FUIB) reopened its 9¾% notes due 2010 to add $125 million, according to a market source.
The retap priced at 100.25.
Standard Bank plc issued the new bonds while FUIB will borrow the proceeds from the sale.
HSBC and Standard Bank plc were joint bookrunners for the Regulation S transaction.
On Feb. 6, FUIB placed the original $150 million offering of notes at par to yield 9¾%.
With the additional notes, the size of the deal now stands at $275 million.
The bank is based in Kiev, Ukraine.
| Issuer: | Standard Bank plc
|
| Borrower: | JSC First Ukrainian International Bank (FUIB)
|
| Issue: | Reopening of fixed-rate loan participation notes
|
| Amount: | $120 million
|
| Total amount: | $275 million
|
| Maturity: | Feb. 16, 2010
|
| Coupon: | 9¾%
|
| Issue price: | 100.25
|
| Joint bookrunners: | HSBC, Standard Bank plc
|
| Pricing date: | May 11
|
| Settlement date: | May 21
|
| Distribution: | Regulation S
|
| Rating: | Moody's: B1
|
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