7 Feb 2013 09:10

PhosAgro places $500 mln in Eurobonds at 4.204%

MOSCOW. Feb 7 (Interfax) - PhosAgro, a major Russian fertilizer producer, has placed five-year Eurobonds totaling $500 million with a yield of 4.204%, the global head of debt capital markets at VTB Capital, Andrey Solovyev told Interfax.

He said the bond offering was oversubscribed five-fold and the organizers received more than 240 bids from investors.