Alfa-Bank draws €750m book for three year euros

Moscow Russia 230px
By Lucy Fitzgeorge Parker
23 Mar 2017

Alfa-Bank made a rare appearance in the euro-denominated bond market on Thursday, pricing its first deal in the single currency since June 2014.

Initial price thoughts for the Reg S senior unsecured three year note were set at 2.75% area. That was subsequently revised to official guidance of 2.625%-2.75% and the deal was priced at the tight end of the range.

The size of €300m was in line with the ...

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