Bank Petrocommerce to place 5 bln rubles in bonds; rate guidance
MOSCOW. Dec 1 (Interfax) - Bank Petrocommerce will soon begin placing a fifth series of bonds totaling 5 billion rubles on the market, a source in banking circles told Interfax.
The five-year bonds includes a three-year offer. The rate guidance is 13.25%-14.25% annually.
The banks plans to sell the 5 million bonds in the issue in an open placement on MICEX.
Bank Petrocommerce was the 21st biggest Russian bank by assets according to the Interfax-100 list as of the end of the third quarter of 2009.