Merrill Lynch offers 7¼% three-year ruble bonds talked at par

By Aaron Hochman-Zimmerman

New York, April 18 - Merrill Lynch & Co. (A1/A+) announced plans to offer ruble-denominated three-year bonds, according to a market source.

The coupon is set at 7¼% with the deal expected to price at par on April 29.

The Rule 144A and Regulation S deal will settle in dollars or euros.

Merrill Lynch is a New York-based investment bank.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.