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Published on 4/18/2012 in the Prospect News Emerging Markets Daily.

Russia's Promsvyazbank talks planned five-year notes at 8½% to 8 5/8%

By Aleesia Forni

Columbus, Ohio, April 18 - Promsvyazbank (Ba2/BB-) set guidance for its proposed offering of five-year notes at 8 ½% to 8 5/8%, according to a market source.

This guidance comes on the heels of investor meetings arranged by Barclays, Citigroup, Credit Suisse and Promsvyazbank that took place during the week of April 9.

The commercial bank is based in Moscow.


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