3 Jun 2014 16:04

Yield guidance on 3-yr Alfa-Bank holding notes 5.75%-6 - source

MOSCOW. June 3 (Interfax) - Yield guidance on three-year euro-nominated notes being offered by ABH Financial Limited, the holding company for Russia's Alfa-Bank , is 5.75%-6% pa, a banking sector source told Interfax.

The volume of the offering is undecided. The company's LPN program is worth 600 million euro.

Alfa-Bank itself is organizing the offering together with Commerzbank and UBS.

The deal, which could be finalized on Wednesday, could be the first de facto Russian offering on the international public debt market since March of this year.