By Christine Van Dusen
Atlanta, Sept. 17 - Ukraine's Privat Bank priced $200 million 9 3/8% fixed-rate loan participation notes due March 23, 2015 (B1//B) at par, a market source said Friday.
HSBC and UBS were the bookrunners for the Regulation S transaction.
Proceeds will be used for general corporate purposes.
Privat Bank is a Ukraine-based commercial lender.
| Issuer: | Privat Bank
|
| Amount: | $200 million
|
| Maturity: | March 23, 2015
|
| Description: | Fixed-rate loan participation notes
|
| Bookrunners: | HSBC, UBS
|
| Coupon: | 9 3/8%
|
| Price: | Par
|
| Yield: | 9 3/8%
|
| Trade date: | Sept. 16
|
| Settlement date: | Sept. 23
|
| Ratings: | Moody's: B1
|
| Fitch: B
|
| Distribution: | Regulation S
|
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