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Moscow Narodny Bank to issue $200 million three- to five- year floaters
By Reshmi Basu
New York, Sept. 7 - Moscow Narodny Finance BV plans to issue approximately $200 million three- to five-year floating-rate notes (Baa3//BBB-), according to a market source.
A roadshow is slated to take place in both Asia and Europe.
Barclays Capital and ING are joint bookrunners for the Regulation S bond offering.
Moscow Narodny is a fully incorporated British financial institution and the only Russian owned bank in the United Kingdom.
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