Belagroprombank has successfully placed its USD 100 million three year issue
On November 2nd, 2010 Belagroprombank completed placement of its USD 100 million issue due 2013. The Closed Joint-Stock Company “Investment Company “Troika Dialog” and The Royal Bank of Scotland plc are the Joint Lead Managers of the Issue.
The note was priced at par with a coupon of 9.95% p.a. The Notes will be listed on the Frankfurt Stock Exchange.
Belagroprombank became the first bank from the country to price internationally distributed notes which proves investors interest towards Belagroprombank as a high quality Belarussian state controlled borrower.