Chicago, June 8 – ABH Financial Ltd., a financing vehicle of Alfa Holding Issuance plc, sold €350 million of 2.7% loan participation notes (BB-), according to a press release.
The deal was initially talked in the 3% area.
Demand was above €800 million from 64 institutional investors and followed a local currency offering two weeks previous for RUB 10 billion.
Bookrunners were Alfa Bank, JPMorgan and UBS for the Regulation S offering.
Alfa-Bank is the largest universal private bank in Russia.
| Issuer: | ABH Financial Ltd.
|
| Issue: | Loan participation notes
|
| Amount: | €350 million
|
| Maturity: | Three years
|
| Bookrunners: | Alfa Bank, JPMorgan and UBS
|
| Coupon: | 2.7%
|
| Announcement date: | June 4
|
| Rating: | S&P: BB-
|
| Distribution: | Regulation S
|
| Talk: | 3% area
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
