CBM grabs $2.5bn book as investors clamour for risk
Credit Bank of Moscow’s $500m 7.7% five year senior unsecured bond was printed from a book of $2.5bn on Friday, providing another illustration of the investor appetite that exists for new, high yielding opportunities.
Bank of America Merrill Lynch, Barclays, Raiffeisen Bank International and Royal Bank of Scotland arranged the deal.
Since the end of last year weve definitely seen more of a risk-on theme develop, and Credit Bank of Moscow has benefited from that, said John Wright, assistant vice president on
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