Russia's Promsvyazbank to sell two-tranche offering of senior, subordinated notes

By Reshmi Basu

New York, Oct. 3 - Promsvyazbank (Russia) plans to sell a two-tranche offering of senior and subordinated bonds (Ba3/B/B), according to a market source.

A roadshow is scheduled to take place in Singapore on Oct. 9 and Oct. 10, in Zurich and Geneva on Oct. 11 and wrap up in London on Oct. 12.

Citigroup is the lead manager for the Regulation S transaction.

Promsvyazbank is a private commercial and retail bank based in Moscow.

© 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.