Новости

Total demand for JSC FGC UES bonds totaled about RUR 45 bln. Bonds were placed with vast investor base comprising over 55 Russian and foreign banks and financial institutions.
Bonds of series 06 and 08 were issued for the total value of RUR 20 bln, each series amounting RUR 10 bln and placed under 3 year offer and coupon rate of 7.15% per annum. Bonds of series 10 for the total amount of RUR 10 bln. were placed under 5 year offer and coupon rate of 7.75% per annum. Sponsors are Gazprombank and VTB Capital.
“We are satisfied with the result of the offering. I would like to thank all investors participated in the transaction and gave credence in the Federal Grid Company. Funds received from placement of the bonds will be spent to finance FGC investment program – one of the most large-scale investment programs among Russian companies” – commented the offering Chairman of JSC FGC UES Management Board Oleg Budargin.
Yury Solovyev, Chairman of VTB Capital said: “During 2 year work VTB Capital took part in a number of transactions which were unique for the Russian market: placement of Bank VTB Eurobonds denominated in Singapore Dollar, placement of sovereign bonds of the Russian Federation, RRR Eurobonds, etc. We are glad that VTB Capital participated in the largest transaction on the Russian market together with JSC FGC UES.