RAB releases guidance of 8.625%-8.75% for Eurorouble 2017s

13 Feb 2012

State-owned Russian Agricultural Bank has released price guidance on a five year rouble Euroclear-able deal at 8.625%-8.75%. Sole lead manager Citi is arranging the note, which is expected to be priced later on Monday or Tuesday.

Russian Agricultural Bank also held a non-deal road show in Asia led by JP Morgan and RBS last month, but these meetings are not connected to the rouble deal.

“This rouble note is not expected to replace any other deal that Russian Agricultural Bank has planned,” said a ...

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