Gazprombank conducting book building for BO-06 bonds Sept 19-20

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Gazprombank conducting book building for BO-06 bonds Sept 19-20

MOSCOW. Sept 13 (Interfax) - Gazprombank plans to open the bid book to investors seeking to buy exchange bonds in the bank's ten-billion-ruble BO-06 issue September 19-20, the bank's RusBonds said.

First-coupon guidance is 8.00%-8.20% per annum, corresponding to yield by maturity of 8.16%-8.37% p.a.

Technical placement of the three-year issue is planned for September 25. It will take place in open subscription on the MICEX Stock Exchange.

Gazprombank ended the second quarter of this year in 3rd place by assets on the Interfax-100 ranking of Russian bank size.