Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Samara Oblast > News item |
S&P rates Samara bonds BB
S&P said it assigned its BB long-term global scale issue rating and ruAA Russia national scale rating to Samara Oblast’s proposed RUB 10 billion eight-year senior unsecured bond.
“We understand that Samara Oblast (BB/negative/--; Russia national scale ruAA) plans to issue the bond on July 1,” S&P said in a news release.
The bond will have 32 quarterly fixed-rate coupons and an amortizing repayment schedule. The coupon rate will be disclosed at the time of issuance.
According to the redemption schedule, 10% of the bond is to be repaid in 2020, 15% in 2021, 25% in 2022, 25% in 2023 and the remaining 25% in 2024, S&P noted.
© 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.