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Bank of Moscow to price 5.5-year dollar-denominated bonds Monday, book tops $150 million
By Paul A. Harris
St. Louis, May 12 - JSC Bank of Moscow is planning to price a dollar-denominated 5.5-year eurobond (issuer ratings Baa2//BB+) on Monday, according to an informed source.
Price guidance is in the 7 3/8% area.
Although the size of the deal remains to be determined, a market source told Prospect News on Thursday that the order book has topped $150 million.
BNP Paribas and JP Morgan are the bookrunners.
Bank of Moscow is a full-service Russian bank with more than 50% of its shares controlled by the Russian government.
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