Bank St Petersburg finally prints its $100m LT2

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Bank St Petersburg finally prints its $100m LT2

Bank St Petersburg (BSP) on Wednesday finally printed its lower tier two deal — a $100m six year bullet note — after having tried for around two years. The note was priced at par with a coupon of 11%, in line with guidance released earlier this week. BNP Paribas and UBS arranged the note.

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