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Russia's MBRD sets guidance for $100 million three-year notes ay 8 7/8%
By Reshmi Basu
New York, Feb. 22 - Moscow Bank of Reconstruction & Development set price guidance for a minimum $100 million offering of three-year fixed-rate notes (B1//B-) at 8 7/8%, according to a market source.
Dresdner Kleinwort Wasserstein is the bookrunner for the Regulation S offering of loan participation notes.
The issuer, based in Moscow, is 95% owned by Sistema Group.
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