RSB stays tight as it sips, doesn’t gulp, on Eurobond return

Russian Standard Bank printed a $350m five year put three note on Thursday afternoon, at the smaller end of the $300m-$500m range released for the deal, but it still large enough to be eligible for inclusion into JP Morgan’s corporate bond index. The lower size also allowed leads to be able to price the deal at the tight end of 9.25%-9.5% yield guidance that had been released the day before.