Published on 6/22/2006 in the Prospect News Emerging Markets Daily.
New Issue: Russia's MBRD sells $100 million three-year notes to yield 8.8%
By Reshmi Basu
New York, June 22 - MB Capital SA said it sold $100 million in three-year loan participation notes at par to yield 8.80%.
Moscow Bank for Reconstruction and Development will borrow the proceeds from the sale.
Dresdner Bank AG London branch and HSBC managed the deal.
| Issuer: | MB Capital SA
|
| Borrower: | Moscow Bank for Reconstruction and Development
|
| Amount: | $100 million
|
| Maturity: | June 29, 2009
|
| Coupon: | 8.80%
|
| Issue price: | Par
|
| Yield: | 8.80%
|
| Pricing date: | June 22
|
| Settlement date: | June 26
|
| Lead managers: | Dresdner Bank AG London branch
|
| HSBC
|
|
|
© 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.
