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Russia's Ak Bars Bank lifts size of Eurobond issue to $350 mln - source
2015年7月30日 / 晚上7点03分 / 2 年前

Russia's Ak Bars Bank lifts size of Eurobond issue to $350 mln - source

MOSCOW, July 30 (Reuters) - Russian mid-sized bank Ak Bars Bank has increased the size of a Eurobond issue to $350 million, a financial market source told Reuters on Thursday.

It was expected the bank would issue $300 million of three-year Eurobonds. The final yield on the bonds was set at 8 percent earlier on Thursday.

The bonds are the first Eurobonds to be placed by a Russian company in 2015.

Ak Bars Bank earlier mandated Credit Suisse and UBS Investment Bank as joint lead managers to arrange a series of fixed income investor meetings for the issue. (Reporting by Oksana Kobzeva; Writing by Alexander Winning; Editing by Mark Potter)

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