All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIG

Sberbank bumper sub starts tight, wobbles

Sberbank launched the largest ever subordinated deal from an emerging market financial issuer late last Thursday, raising $2bn through a 10 year bullet note. The bond was trading just under par a week later though, as investor nerves wobbled in a weaker market.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree