Eurotorg leads sov into roubles
Eurotorg, the Belarusian food retailer, issued its debut Russian rouble bond last week, paving the way for the Belarusian government to follow suit.
Eurotorg raised Rb5bn ($79m) with a 10 year bond on July 5. The book peaked at over Rb10bn. BCS Global Markets, Gazprombank, Credit Bank of Moscow, Region and Renaissance Capital arranged the deal.The leads offered yield guidance of 11.46% to 12.01% and were able to price the ...
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