25.06.2007, 08:01
Credit Bank of Moscow Issues RUR 2 bln 3 year Domestic Bonds
OREANDA-NEWS. June 25, 2007. CBM successfully placed its third and largest domestic bond issue in amount of RUR 2 bln (c. US$77 mln) with 3 year tenor paying 9.5% the first year. The deal was rated A1.ru (positive) by Moody's Interfax Rating Agency and went 28% oversubscribed. The arranger was Credit Bank of Moscow itself. Co-arranger was International Moscow Bank. Co-underwriters included, among others, ZAO Standard Bank and ZAO Raiffeisenbank Austria.
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