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International Bank of Saint Petersburg puts back debut bonds

February 10, 2011 | RBC (translated by Cbonds)

International Bank of Saint Petersburg has put back its RUR1bn debut bond issue indefinitely, according to Andrey Kostin heading the board of directors. He noted that a bond issue is not the most attractive way to raise financing and the bank is not interested in issuing a bond below RUR1bn. International Bank of Saint Petersburg announced its intention to tap the domestic bond market in early 2010.

Issue: IBSP, 01

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
redeemedRussia06/07/200299,000,000 RUB-/-/-

Company: IBSP

Full company nameInternational Bank of Saint Petersburg
Country of riskRussia
Country of registrationRussia
IndustryBanks

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