Oschadbank gets its EMBI eligible $500m, more Ukrainian supply to come
Oschadbank printed a $500m five year Reg S bond at 8.75% on Wednesday, a level that syndicate officials away from the deal called generous. But the note was still weak in the secondary market on Thursday morning.
The notes were priced at par and traded down on Thursday to 99.75.
Credit Suisse, Deutsche Bank and JP Morgan arranged the senior unsecured dollar Eurobond.
Ukrainian state savings bank Oschadbank released price guidance on the note at high 8% yield on Wednesday, and leads went straight from
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