Russian Agribank adds 10 bln rbls to Eurobond issue-source
MOSCOW, July 23 |
MOSCOW, July 23 (Reuters) - Russian Agricultural Bank, or Rosselkhozbank, has added 10 billion roubles ($312 million) to its outstanding Eurobond issue maturing in 2017, a banking source told Reuters on Monday.
In February, state-owned Rosselkhozbank raised 10 billion roubles via a five-year Eurobond issue, pricing the deal at the lower end of initial guidance of 8.625 percent.
The latest tranche was placed at 101 percent of par, for a yield of around 8.35 percent, another source told Reuters earlier.
Russian borrowers have raised over $27 billion via Eurobond deals so far this year - more than for the last year as a whole - enjoying a strong interest towards debt coming from emerging markets. ($1 = 32.0325 Russian roubles) (Reporting by Oksana Kobzeva, writing by Katya Golubkova)
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