Eurotorg €350 million 8.75% bond issue

19/10/2017
Investment grade bond/note issue

$ 350 million

Completed

19/10/2017


Overview:

  • Belarus' largest food retailer Eurotorg issued a $350 million eurobond.
  • The bond was the first ever corporate eurobond sold by a Belarusian issuer.  
  • The notes have an 8.75% coupon and mature on October 30, 2022.

Ben Naylor - Regional editor

Jurisdiction:

Belarus

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Belarus

Industry sector:

Consumer goods and services


Firms:

Party: Eurotorg (Issuer)


Party: JP Morgan (Joint global coordinating bookrunners )

Party: Sberbank CIB (Bookrunner)

Party: Renaissance Capital (Bookrunner)