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Ukraine's Ukrsibbank sets guidance at 10½% to 10¾% for oversubscribed $100 million bonds
By Reshmi Basu
New York, March 24 - Ukrsibbank has set price guidance for its oversubscribed $100 million three-year bond offer (B1/B-) at a yield of 10½% to 10¾%, according to a market source.
The deal is expected to price Thursday.
Dresdner Kleinwort Wasserstein is the bookrunner for the Regulation S issue.
Ukrsibbank is the sixth largest bank in the Ukraine.
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