May 19, 2011 | Prime-TASS (translated by Cbonds)
|Otkritie Bank intends to sell Series 01 bonds in H2 2011, managing director Mikhail Avtukhov told journalists at the sidelines of the conference “Russian Regions and Cities: Arranging Financing of Investment Programmes at Current Stage”. The issue amount is RUR3bn. It will have a put option in 1 or 1.5 years. The issue has a 3-year tenor. It will be sold through public offering. |
Mikhail Avtukhov also noted that Otkritie Financial Corporation also plans to raise up to RUR5bn via a bond issue before the end of 2011.
Otkritie Bank also plans to arrange a RUR1bn exchange bond issue for St. Petersburg-based construction company Setl Group.
Company: Bank OTKRITIE (doesn't exist)
|Full company name||Bank OTKRITIE|
|Country of risk||Russia|