March 12, 2014 17:01
Inter RAO to choose organizer candidates by March 20 for debut Eurobond placement
MOSCOW. March 12 (Interfax) - OJSC Inter RAO UES (MOEX: IRAO) will choose candidates to organize the company's placement of ruble-denominated Eurobonds worth 15 billion rubles, according to company materials.
The bonds are planned to be placed in 2014-2015, and the issuer will be the company's wholly owned subsidiary Inter RAO Finance, registered in the Netherlands.
The Eurobonds are guaranteed by Inter RAO. They will mature in five years or more, depending on market conditions.
Bid envelopes for participation in the tender were opened on February 20, and a total of 14 companies expressed interest in being the organizer of the placement.
Framework contracts will be drawn up with the winners, and a subsequent round of talks will be held, after which the organizer will be chosen.
Inter RAO's finance director, Dmitry Palunin, has said the company could place debut Eurobonds at the end of 2014 or beginning of 2015 under favorable market conditions.
Kh pr ak
(Our editorial staff can be reached at email@example.com)
June 27, 2016
Results of forex trading on Moscow Exchange on June 24
Russia political and economic calendar: June 27
June 26, 2016
Oleg Navalny says may be transferred from penal colony to prison instead of release on parole
No issue of implementing Minsk agreements on agenda of EU Council summit, in its draft conclusions - source
Russian Defense Ministry notifies European partners, including Berlin, of all surprise inspections, major drills - Konashenkov
Russian-Japanese consultations on security planned in July
Holy Synod to determine Russian church's attitude to Orthodox forum on Crete in July
Russia can respond to NATO activity with Baltic Fleet reinforcement, Iskander missiles - head of Duma Defense Committee
Pope's remarks about Armenian genocide not aimed against Turkish people - Vatican
Vatican-Ankara relations will not sour over Pope's statement on Armenian genocide - Holy See
Russia to hand R-32 cruise missile boat over to Egypt in July
Hypersonic missiles to be introduced over next decade - military
Rosneft, Shandong Kerui Petroleum Equipment sign memorandum on strategic cooperation in petroleum services