By Angela McDaniels
Tacoma, Wash., Sept. 13 – PJSC PIK Group priced RUB 9 billion of 13% 10-year bonds, according to a company news release.
JSC VTB Capital acted as the manager.
The notes will settle Thursday.
Proceeds will be used to finance the development of company activities.
PIK Group is residential real estate developer based in Moscow.
| Issuer: | PJSC PIK Group
|
| Issue: | Bonds
|
| Amount: | RUB 9 billion
|
| Tenor: | 10 years
|
| Manager: | JSC VTB Capital
|
| Coupon: | 13%
|
| Price: | Par
|
| Yield: | 13%
|
| Pricing date: | Sept. 13
|
| Settlement date: | Sept. 15
|
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