North West | Finance, business

St. Petersburg Bank to place fourth-series $96m bonds

9 Dec '10
St. Petersburg Bank has announced plans to place the fourth-series three-year $96m bonds on December 16, 2010.

The bonds are reportedly to be placed publicly at MICEX.

The first coupon rate is expected to average between 8 and 8.75%.

The bond underwriters are investment companies Troika Dialogue and VTB Capital.
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