By Marisa Wong
Morgantown, W.Va., June 13 – JSC TBC Bank priced $300 million of five-year senior notes (expected ratings: Ba2//BB-) at 98.934, according to a regulatory notice.
Other pricing details were not disclosed.
The Rule 144A and Regulation S notes were sold via bookrunners JPMorgan, Renaissance Capital, UBS and TBC Capital.
The lender is based in Tbilisi, Georgia.
| Issuer: | JSC TBC Bank
|
| Issue: | Senior notes
|
| Amount: | $300 million
|
| Maturity: | Five years
|
| Bookrunners: | JPMorgan, Renaissance Capital, UBS and TBC Capital
|
| Price: | 98.934
|
| Announcement date: | June 13
|
| Expected ratings: | Moody’s: Ba2
|
| Fitch: BB-
|
| Distribution: | Rule 144A and Regulation S
|
© 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.
