E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/4/2018 in the Prospect News Emerging Markets Daily.

S&P assigns BB to Samara Oblast bonds

S&P said it assigned its BB long-term global scale issue rating to Samara Oblast's proposed RUB 8 billion eight-year senior unsecured bond.

S&P noted that Samara Oblast (BB/positive/--) plans to issue the bond on June 14.

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, 20% of the bond is to be repaid in September 2020, 20% in June 2022, 15% in December 2023, 10% in September 2024, 20% in June 2025, and the remaining 15% in June 2026, the agency said.


© 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.