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Russia's Promsvyazbank sets talk for dollar-denominated bonds at 8¾% area
By Reshmi Basu
New York, Oct. 12 - Promsvyazbank (Russia) set price guidance for a five-year offering of fixed-rate senior bonds (Ba3/B/B+) at the 8¾% area, according to a market source.
Citigroup is the lead manager for the Regulation S transaction.
Promsvyazbank is a private commercial and retail bank based in Moscow.
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