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Russia’s Sovcomflot sets talk in 5¾% area for seven-year dollar bonds
By Christine Van Dusen
Atlanta, June 9 – PAO Sovcomflot set talk in the 5¾% area for dollar-denominated offering of benchmark-sized bonds due in seven years that are being sold alongside a tender offer, a market source said.
Citigroup and JPMorgan are the joint global coordinators and joint lead managers and bookrunners. ING, Sberbank CIB and VTB Capital are joint lead managers and bookrunners for the Rule 144A and Regulation S deal.
Sovcomflot is a maritime shipping company based in St. Petersburg, Russia.
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