Tatneft Revises Bond Plan

Tatneft plans to sell 5 billion rubles ($161 million) of three-year bonds with a coupon of 7.25 percent to 7.45 percent, down from an earlier guidance of as much as 7.75 percent, Bank Zenit, an organizer of the sale, said Tuesday.

Investors are submitting bids for the offering until tomorrow, the statement said.

(Bloomberg)


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