18 Apr 2012 11:00

Promsvyazbank could place 5-yr USD bonds at c. 8.625% - source

MOSCOW. April 18 (Interfax) - Promsvyazbank plans to place five-year dollar-denominated bonds at around 8.625% pa, a banking sector source told Interfax.

Pricing is expected this week, the source said.

Barclays, Citigroup and Credit Suisse are running the offering.