Russia’s Tinkoff pays 14% to open single-B subordinated debt

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Russia’s Tinkoff pays 14% to open single-B subordinated debt

Tinkoff Credit Systems on Thursday printed the highest yielding note of the year from the CEEMEA region — a $125m 14% 5.5 year deal — pulling off a subordinated debt trade that some doubted would be possible and even increasing the size from its original target of $100m. The book for the deal reached $160m.

Unlock this article.

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

To unlock this article:

Request a Free Trial or Login
Gift this article