Published on 11/22/2013 in the Prospect News Emerging Markets Daily.
New Issue: Russia's Vostochny Express Bank sells $125 million notes due 2019 at par to yield 12%
By Christine Van Dusen
Atlanta, Nov. 22 - Russia's Vostochny Express Bank, through SCI Finance BV (Netherlands), priced $125 million notes due 2019 at par to yield 12% on Friday, a market source said.
Promsvyazbank, Sberbank and BC Region were the bookrunners for the Regulation S deal.
The issuer is a lender based in Khabarovsk, Russia.
| Issuer: | SCI Finance BV (Netherlands)
|
| Amount: | $125 million
|
| Maturity: | 2019
|
| Description: | Notes
|
| Bookrunners: | Promsvyazbank, Sberbank, BC Region
|
| Coupon: | 12%
|
| Price: | Par
|
| Yield: | 12%
|
| Trade date: | Nov. 22
|
| Distribution: | Regulation S
|
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