Friday, February 26, 2010

Eurobonds of "RZD" Russia

Russian railway monopoly OJSC "RZD" has appointed Barclays Bank plc, JP Morgan Securities Ltd and VTB Capital plc the leading organizers of the first issue of its eurobonds, which could amount to $ 1 billion. 

"Dates, the amount of placement and other conditions of the proposed transaction will depend on the state of markets and determined in accordance with the financial plan and budget of RZD For 2010. 


Term of circulation of securities may be about 10 years. Placement could take place in spring this year.

www.eng.rzd.ru 

Nat Lawyer
Unel Legal Consulting

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