Investors from Europe, Switzerland bought 62% of TransOil bonds at a coupon rate of around 12%

Investors from Europe, Switzerland bought 62% of TransOil bonds at a coupon rate of around 12%

03.04.2019

Since the deal was a debut both from the issuer and from Moldova, there was an element of price discovery required. “There hasn’t been much corporate supply from the region apart from similar Russian and Georgian single B-rated peers in the region, so that was a useful guide,” said Gladkov.

 

Investors from  Europe bought 33%  of issued bonds ,  Switzerland 29%, Great Britain  19 %, USA 18 % and other countries 1%

Bloomberg - Olga Voitova