Reuters – Russia’s TCS Bank Plans $200m Fundraising via Eurobond

Posted on: September 12, 2012 by Reuters NewsNo Comments »

Mid-sized Russian lender Tinkoff Credit Systems (TCS) plans to raise around $200 million in a three-year Eurobond issue, a banking source told Reuters. TCS, which operates online without its own branches and has a focus on credit cards, is controlled by its founder Oleg Tinkov who holds a 63.2 percent stake. The rest is split [...]