May 16, 2019 / 7:52 AM / 2 months ago

Russian Railways sets price guidance for euro bonds - IFR

MOSCOW, May 16 (Reuters) - Russian Railways, the state-controlled railways operator, has set initial price guidance for its benchmark issue of May 2027 euro-denominated bonds at around 2.50%, Refinitiv’s capital markets news service IFR reported on Thursday.

The company has mandated JP Morgan, UniCredit and VTB Capital to arrange a series of fixed income investor meetings in London, Frankfurt, Amsterdam and Munich starting on May 13, according to IFR. (Reporting by Maxim Rodionov; Writing by Tom Balmforth; Editing by Maria Kiselyova and Mark Potter)

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