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Published on 10/7/2013 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

New Issue: Russian Agricultural Bank sells $500 million 8½% 10-year notes at par

By Christine Van Dusen

Atlanta, Oct. 7 - OJSC Russian Agricultural Bank priced a $500 million issue of 8½% 10-year notes at par, a syndicate source said.

The notes were talked at a yield in the 8½% area.

BNP Paribas, Credit Agricole, Goldman Sachs and JPMorgan were the bookrunners for the Rule 144A and Regulation S transaction.

The lender has headquarters in Moscow.

Issuer:OJSC Russian Agricultural Bank
Amount:$500 million
Maturity:Oct. 16, 2023
Description:Notes
Bookrunners:BNP Paribas, Credit Agricole, Goldman Sachs, JPMorgan
Coupon:
Price:Par
Yield:8½%
Trade date:Oct. 7
Settlement date:Oct. 16
Distribution:Rule 144A and Regulation S
Price talk:8½% area

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