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Published on 4/20/2012 in the Prospect News Emerging Markets Daily.

New Issue: Russia's Raspadskaya prices $400 million 7¾% five-year notes at par

By Aleesia Forni

Columbus, Ohio, April 20 - OAO Raspadskaya priced $400 million 7¾% notes (B1//B+) due 2017 at par on Friday, according to a market source.

Initial guidance was set at 7%.

Goldman Sachs, Morgan Stanley and VTB Capital managed the Kemerovo, Russia-based coal mining company's deal.

Issuer:OAO Raspadskaya
Issue:Notes
Amount:$400 million
Maturity:April 27, 2017
Managers:Goldman Sachs, Morgan Stanley, VTB Capital
Coupon:7¾%
Price:Par
Yield:7¾%
Trade date:April 20
Settlement date:April 27
Ratings:Moody's: B1
Fitch: B+
Price talk:7%

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