Oschadbank nips in for opportune $200m

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Oschadbank nips in for opportune $200m

Oschadbank got its timing spot on when it tapped the 8.25% 2016 bond it issued in March for a further $200m on Friday. The Ukrainian state savings bank harnessed a short period of calm to re-open the Reg S deal before weak US payrolls data sent the market into a tailspin. As on the original $500m issue, Credit Suisse and Morgan Stanley placed the new debt.

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