Rostelecom OJSC started to pre-market its RUB 5 billion of series 16 bonds

Moscow, Russia, 10-6-2013 — /europawire.eu/ — Rostelecom OJSC (the “Group”) (MICEX – RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, announces that it has started to pre-market its RUB 5 billion of series 16 bonds.

The Company’s latest bond issue is part of an approved bond issue programme worth a total nominal value of RUB 100 billion. VTB Capital CJSC, Gazprombank OJSC and CJSC “Sberbank CIB” will organise the placements. The bonds will have the following characteristics:

  • A nominal value of RUB 1,000 per bond;
  • A maturity of 5 years;
  • A put option can be exercised after 1 year;
  • A coupon period of 182 days.

It is anticipated that order books will be opened on June 5, 2013, with a closing date of June 6, 2013.

The series 16 bonds have been included on the Quotation list “A1” of the MICEX–RTS Stock Exchange.

###

Follow EuropaWire on Google News
EDITOR'S PICK:

Comments are closed.