Tinkoff taps sub debt for $75m, senior deal and CP likely next
Oliver Hughes, president at Tinkoff Credit Systems in Moscow, said that the company could still sell more tier two later this year, but that it was more seriously considering a senior Eurobond next.
[Further] tier two is not ruled out its a possibility, but unlikely, said Hughes. [Were] thinking about a senior Eurobond if market conditions are right later this year.
Sergey Pirogov, director of corporate finance at TCS added that the company may also test its one year ECP programme
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