INTERNATIONAL INDUSTRIAL BANK (MEZHPROMBANK; Moscow) on July 31, 2006, wrapped up a deal on the debut issue of Eurobonds. The bonds are worth $100 million, have a maturity of three years and a 9.5% annual coupon. Lead managers are BARCLAYS CAPITAL and VNESHTORGBANK. The issue was carried out under the Reg S rule with a listing at the Irish exchange. The FITCH international rating agency awarded the issue the recovery rating RR4 and the long-term rating B.
Source: BANKIR.RU, August 2, 2006
