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Alfa Banking Group closes USD 500m Eurobond successfully

Alfa Banking Group closes USD 500m Eurobond successfully

The three-year Eurobond is the first deal of its kind among Russian financial institutions since the international financial community revised its attitude to Russia’s risk in 2014.

The USD 500m Eurobond deal was closed by Alfa Banking Group on 18 November 2015. It has a fixed coupon rate of 5%.

Alexey Tchoukhlov, First Deputy Chairman and Chief Financial Officer of Alfa Banking Group, said: “This deal once again confirms that the Bank has access to international capital markets at competitive rates of return, and it continues to enjoy stable investors’ support.”

 

SOURCE

Alfa-Bank

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