Tatfondbank’s Russian leads boost PP book

By Francesca Young
24 Apr 2014

Russian Tatfondbank’s $70m Reg S private placement was sold to around seven to eight investors, with an average ticket size of $10m, according to a source close to the deal.

The $70m three year Reg S deal was placed at par with a coupon of 11%. Bank of America Merrill Lynch arranged and structured the deal, though Otkritie Capital and Region Broker Company were also added to the mandate after putting in orders for the bond, according to ...

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